Marginal cost = 
= 
= 
Now, when 
MC
= 
= 6.069 – 0.102 + 15 = 20.967
Therefore, required Marginal cost is ` 20.97.
The total cost C(x) in rupees associated with the production of units of an item given by C (x)= 0.007x^3-0.003x^2-15x+4000 Find the marginal cost when 17 units are produced.
The total cost C(x) in rupees associated with the production of units of an item given by C (x)= 0.007x^3-0.003x^2-15x+4000 Find the marginal cost when 17 units are produced.