Finding Marginal Cost and Marginal Average Cost

Author: ShaNisaa RaSun
The following problem is solved in this video. It is recommended that you try to solve the problem before watching the video. You can click "Answer" to reveal the answer to the problem.

Exercises

  1. \(C'(250) = \$26\quad\) Interpretation: "When 250 boxes are produced, the weekly cost is increasing at a rate of $26 per box." 
  2. \(\overline{C}'(250) \approx \$0.04\quad \) Interpretation: "When 250 boxes are produced, the average weekly cost per box is increasing at a rate of $0.04 per box."