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12 Nov 2019
A division of Ditton Industries manufactures a deluxe toaster oven. Management has determined that the daily marginal cost function associated with producing these toaster ovens is given by
C '(x) = 0.0009x2 ? 0.14x + 23
where C '(x) is measured in dollars/unit and x denotes the number of units produced. Management has also determined that the daily fixed cost incurred in the production is $800. (a) Find the total cost incurred by Ditton in producing the first 300 units of these toaster ovens per day.
$
(b) What is the total cost incurred by Ditton in producing the 201st through 300th units/day?
$
A division of Ditton Industries manufactures a deluxe toaster oven. Management has determined that the daily marginal cost function associated with producing these toaster ovens is given by
C '(x) = 0.0009x2 ? 0.14x + 23
where C '(x) is measured in dollars/unit and x denotes the number of units produced. Management has also determined that the daily fixed cost incurred in the production is $800. (a) Find the total cost incurred by Ditton in producing the first 300 units of these toaster ovens per day.
$
(b) What is the total cost incurred by Ditton in producing the 201st through 300th units/day?
$
Patrina SchowalterLv2
8 Apr 2019
