Manufacturing—Transmission Production: The accounting division of the Kranky Krank Company determines that its weekly cost of producing its continuous variable transmissions (CVTs) can be modeled by the cost function
C(x) = 55,000 + 600x − 1.25x2 0 ≤ x ≤ 230
where x represents the number of CVTs produced annually and C(x) represents the manufacturing costs in dollars. Determine MC, the marginal cost function. Evaluate MC(210) and interpret.
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