KEVIN B.

# The marginal cost of a product can be thought of as the cost of producing one additional unit of output. For example, if the marginal cost of producing the ...

The Marginal cost of a product can be thought of as the cost of producing one additional unit of  output. For example, if the marginal cost of producing  the 50th product is $6.20, it cost$6.20 to increase production from 49 to 50 units of output. Suppose the marginal cost C  (in dollars) to produce x thousand mp3 players is given by the function C(x)=x^2-100x+8300.  (a). How many players should be produced to minimize the marginal cost? and (b). What is the minimum cost??

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