Question:
In deciding whether or not to set up a new manufacturing
Last updated: 8/24/2022
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In deciding whether or not to set up a new manufacturing plant, analysts for a popcorn company have decided that a linear function is a reasonable estimation for the total cost C(x) in dollars to produce x bags of microwave popcorn. They estimate the cost to produce 10,000 bags as $5,340 and the cost to produce 15,000 bags as $7,710. Find the marginal cost of the bags of microwave popcorn to be produced in this plant. Round answer to the nearest cent. A. $4.74 B. $0.47 C. $0.24 D. $47.40 E. $2.11