Can you please solve thses?
11) A pen manufacturer determined that the total cost in dollars...
11) A pen manufacturer determined that the total cost in dollars of producing x dozen pens in one day is given by: C(x) - 350 + 2x -0.01x2 O sx $100 Find the marginal cost at a production level of 70 dozen pens and interpret the result A) The marginal cost is $0.62/doz. The cost of producing 1 dozen more pens at a production level of 70 dozen pens is approximately $0.62. B) The marginal cost is $0.59/doz. The cost of producing 1 dozen more pens at a production level of 70 dozen pens is approximately $0.59. C) The marginal cost is $0.60/doz. The cost of producing 1 dazen more pens at a production level of 70 dozen pens is approximately $0.60. D) The marginal cost is $0.58/doz. The cost of producing 1 dozen more pens at a production level of 70 dozen pens is approximately $0.58. must show work correctly to get credit (+4) 12) A company estimates that the daily cost (in dollars) of producing x chocolate bars is given by C(X) - 1375 +0.04x +0.0004x2 Currently, the company produces 280 chocolate bars per day. Use marginal cost to estimate the increase in the daily cost if one additional chocolate bar is produced per day. A) $ 32.00 B) $26.40 C) $0.32 D) $0.26 must show work correctly to get credit a) What is the EXACT cost of producing 280 bars/day? (+3] b) Use the marginal cost to ESTIMATE the average cost of producing 280 bars/day (+3]