Business: Marginal Cost (48 continued) Use a calculator to find the actual cost of the 64th license by evaluating C(64) - C(63) for the cost function in Exercise 48. Is your answer close to the $70 that you found for part (b) of that Exercise?
REF PRB:
Business: Software Costs Media companies can buy multiple licenses for AudioTime audio-recording software at a total cost of approximately C(x) = 168x5/6 dollars for x licenses. Find the derivative of this cost function at:
a. x = 1 and interpret your answer.
b. x = 64 and interpret your answer.
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