Calculus/Basic integrals.
Expert: Paul Klarreich - 12/1/2008
QuestionCarla Music Company estimates that the marginal cost of manufacturing its professional series guitar is C’ (x) = .002x + 100 dollars/month when the level of production is x guitars/month. The fixed costs by Carla are $4000 per month.
A. Find the total monthly cost incurred by Carla in manufacturing x guitars per month.
B. What is the cost of producing 50 guitars per month.
I am soo confused on this problem and I have no idea how to even start. Can you please help me?!?
AnswerQuestioner: blaine
Category: Calculus
Private: No
Subject: Calculus
Question: Carla Music Company estimates that the marginal cost of manufacturing its professional series guitar is C’ (x) = .002x + 100 dollars/month when the level of production is x guitars/month. The fixed costs by Carla are $4000 per month.
A. Find the total monthly cost incurred by Carla in manufacturing x guitars per month.
B. What is the cost of producing 50 guitars per month.
I am soo confused on this problem and I have no idea how to even start. Can you please help me?!?
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Hi, Blaine,
You start by stating what your terms mean, and what you want to find:
Marginal cost is dC/dx
C(0) = 4000 [initial condition]
Find C(x)
If C'(x) = 0.002x + 100, then integrate this and use the initial condition.