SOLUTION: The marginal cost (C) of manufacturing x cell phones (in thousands) is given by: {{{C(x)= 5x^2-200x+4000}}}
A. How many cell phones should be manufactured to minimize the marginal
Question 1098121: The marginal cost (C) of manufacturing x cell phones (in thousands) is given by:
A. How many cell phones should be manufactured to minimize the marginal cost?
B. What is the minimum marginal cost?
My work was =
A. Using = = 20 or 20,000 phones to minimize the marginal cost.
B. I subbed in 20 as the x value in the given equation resulting in the minimum marginal cost being $2000.
I am uncertain if this is how to approach the question.
You can put this solution on YOUR website! Yes, your approach is fine.
-b/2a is the approach to get the vertex of the minimum, and it does equal 20, or 20,000 phones.
5(20^2)-200(20)+4000=2000-4000+4000=$2000