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GUJCET · Maths · Application of Derivatives

The total cost \(C(x)\) in Rupees, associated with the production of \(x\) units of an item is given by \(C (x)=0.05 x^3-0.2 x^2+3 x+500\). The marginal cost, where \(x=3\) is ___________ (in Ruppes)

  1. A 3.15
  2. B 30.15
  3. C 3.015
  4. D 30.015
Verified Solution

Answer & Solution

Correct Answer

(A) 3.15

Step-by-step Solution

Detailed explanation

\(C'(x) = 0.15x^2 - 0.4x + 3\) \(C'(3) = 0.15(3)^2 - 0.4(3) + 3 = 1.35 - 1.2 + 3 = 3.15\)