If the cost function of a product is given by $C(x) =\frac{3}{4}x^2-5x+21$, then the marginal cost when $x = 10$ is |
10 21 16 5 |
10 |
The correct answer is Option (1) → 10 Given cost function: $C(x) = \frac{3}{4}x^2 - 5x + 21$ Marginal cost: $MC = \frac{dC}{dx} = \frac{d}{dx} \left(\frac{3}{4}x^2 - 5x + 21\right) = \frac{3}{2}x - 5$ At $x = 10$: $MC = \frac{3}{2} \cdot 10 - 5 = 15 - 5 = 10$ |