Problem

Economics—Marginal Cost: The Kelomata Company determined that the monthly cost of producin...

Economics—Marginal Cost: The Kelomata Company determined that the monthly cost of producing its Sun Stopper patio swings can be modeled by

 C(x) = 15,000 + 100x − 0.001x2 0 ≤ x ≤ 200

where x represents the number of patio swings manufactured monthly and C(x) represents the production cost in dollars. Determine MC, the marginal cost function. Evaluate MC(100) and interpret.

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