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The total cost P(x) in rupees associated with a product is given by P(x)=0.4x^2+2x-10. Find the marginal cost if the no. of units produced is 5.(a) Rs.3(b) Rs.4(c) Rs.5(d) Rs.6The question was posed to me during an interview for a job.This is a very interesting question from Derivatives Application topic in division Application of Derivatives of Mathematics – Class 12

Answer»

The correct CHOICE is (d) Rs.6

Best explanation: The Marginal COST is the rate of change of REVENUE w.r.t the no. of units produced, we GET

\(\frac{dP(X)}{dt}\)=0.8x+2

cost(MC)=\(\frac{dP(x)}{dt}|\)x=5=0.8x+2=0.8(5)+2=4+2=6.



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