Given Cost and Revenue functions C(q) = q° - 9q +51q + 5000 and R(q) = - 3q + 2600q, what is the minimum marginal cost? The minimum marginal cost would be $ per item. (Round to two decimal places.)

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter4: Polynomial And Rational Functions
Section4.1: Quadratic Functions
Problem 6SC: A company that makes and sells baseball caps has found that the total monthly cost C in dollars of...
icon
Related questions
Question
100%
Help
Given Cost and Revenue functions C(q) = q° - 9q + 51q + 5000 and R(q) = - 3q + 2600q, what is the minimum marginal cost?
The minimum marginal cost would be $ per item.
(Round to two decimal places.)
Transcribed Image Text:Given Cost and Revenue functions C(q) = q° - 9q + 51q + 5000 and R(q) = - 3q + 2600q, what is the minimum marginal cost? The minimum marginal cost would be $ per item. (Round to two decimal places.)
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Recommended textbooks for you
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Algebra and Trigonometry (MindTap Course List)
Algebra and Trigonometry (MindTap Course List)
Algebra
ISBN:
9781305071742
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage