Suppose the monthly cost for manufacturing bar stools is

Last updated: 7/17/2022

Suppose the monthly cost for manufacturing bar stools is C(x)=517 +31x, where x is the number of bar stools produced each month. Find and interpret the marginal cost for the product. A. The marginal cost is $31 per bar stool which means that manufacturing one additional bar stool decreases the cost by $31. B. The marginal cost is $31 per bar stool which means that manufacturing one additional bar stool increases the cost by $31. C. The marginal cost is $517 per bar stool which means that manufacturing one additional bar stool decreases the cost by $517. D. The marginal cost is $517 per bar stool which means that manufacturing one additional bar stool increases the cost by $517.