Ratio of Marginal Cost to Cost when the Total Cost Function is given by \(C(x) =3 { x }^{ 3 } +\frac{3}{2} { x }^{ 2 } \) for x= 2 units is
Answer & explanation
Correct answer: option 3
\[\frac{dC}{dt}=9 { x }^{ 2 } + 3x\]
Ratio of Marginal Cost to Cost when the Total Cost Function is given by \(C(x) =3 { x }^{ 3 } +\frac{3}{2} { x }^{ 2 } \) for x= 2 units is
Correct answer: option 3
\[\frac{dC}{dt}=9 { x }^{ 2 } + 3x\]