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Rate of Change, Marginal Cost & Revenue · Question 31 of 79

Question 31

EasyOriginal question

The total cost of making xx units is C(x)=x3−6x2+20x+300C(x) = x^{3} - 6x^{2} + 20x + 300 rupees. What is the marginal cost when 5 units are made?

Options for question 31

Show the answer and explanation
CorrectNot quiteAnswer C

Correct answer: C

Explanation

  1. Marginal cost is the derivative of total cost: MC=C′(x)=3x2−12x+20MC = C'(x) = 3x^{2} - 12x + 20.

  2. C′(5)=75−60+20=35C'(5) = 75 - 60 + 20 = 35 rupees.

Worth noting

₹375 is the total cost of the 5 units, C(5)C(5).

Concept
Marginal cost at a level of output
Typical time
60 s
Your time
—
The rule this testsMarginal cost
Practise this chapter →

Ten questions from Rate of Change, Marginal Cost & Revenue, at your own pace.

Practise this chapter →

Ten questions from Rate of Change, Marginal Cost & Revenue, at your own pace.