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Rate of Change, Marginal Cost & Revenue · Question 41 of 79

Question 41

MediumOriginal question

The cost of making xx units is C(x)=500+10x+0.5x2C(x) = 500 + 10x + 0.5x^{2} rupees. Using the marginal cost at x=20x = 20, about how much does the 21st unit cost to make?

Options for question 41

Show the answer and explanation
CorrectNot quiteAnswer B

Correct answer: B

Explanation

  1. C′(x)=10+xC'(x) = 10 + x, so C′(20)=30C'(20) = 30.

  2. The marginal cost at 20 estimates the cost of the next unit: about ₹30. (Exactly, C(21)−C(20)=30.5C(21) - C(20) = 30.5.)

Worth noting

₹920.50 is the total cost of 21 units.

Concept
Estimating the next unit's cost
Typical time
90 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.