MathCastle
CalculusMediumContextual Applications of Differentiation

Contextual Applications of Differentiation · Medium problem

The cost, in dollars, of producing xx chairs is C(x)=0.01x2+5x+200C(x)=0.01x^2+5x+200. Use the marginal cost at x=100x=100 to estimate the cost, in dollars, of producing the 101st chair.