Question: MARGINAL COST A division of Ditton Industries manufactures the Futura model microwave oven. The daily cost (in dollars) of producing these microwave ovens is
C(x) = 0.0002x3 - 0.06x2 + 120x + 5000
where x stands for the number of units produced.
a. What is the actual cost incurred in manufacturing the 101st oven? The 201st oven? The 301st oven ?
b. What is the marginal cost when x = 100, 200, and 300?