Target Exam

CUET

Subject

-- Applied Mathematics - Section B2

Chapter

Calculus

Question:

The total cost C(x) associated with the production of x units of an item is given by $C(x) = 0.001x^3 +0.06x^2 + 20x + 500$. The marginal cost when 10 units are produced is:

Options:

21.5

500

31.5

27.5

Correct Answer:

21.5

Explanation:

The correct answer is Option (1) → 21.5

Given total cost:

$C(x)=0.001x^{3}+0.06x^{2}+20x+500$

Marginal cost = derivative of $C(x)$:

$C'(x)=0.003x^{2}+0.12x+20$

At $x = 10$:

$C'(10)=0.003(100)+0.12(10)+20$

$=0.3 + 1.2 + 20$

$=21.5$

The marginal cost when 10 units are produced is 21.5.