In Exercise, assume the cost function C(x) is measured in dollars. Complete the following:
(a) Determine the marginal cost function MC.
(b) Evaluate and interpret MC(x) for the given production level x.
(c) Evaluate the actual change in cost by evaluating C(x + 1) − C(x) and compare with the answer in part (b).
C(x) = 0.08x3 − 2x2 + 10x + 70; x = 90
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