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 in dollars) to produce x thousand mp3 players is given by the function C(x) = x? - 160x8500
A How many players should be produced to minimize the marginal cost?
B. What is the minimum marginal cost?
CD
A To minimize the marginal cost, thousand mp3 players should be prochuced
B. The minimum marginal cost is $