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The cost in dollars of producing x units of a certain commodity is C x...

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The cost in dollars of producing x units of a certain commodity is C x 7 000 8x 0 05x a Find the average rate of change in per unit of C with respect to x when the production level is changed from x 100 to the given value Round your answers to the nearest cent 1 x 102 ii x 101 per unit per unit b Find the instantaneous rate of change in per unit of C with respect to x when x 100 This is called the marginal cost Its significance will be explained in a future chapter per unit

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