Answer :

Marginal cost (MC) is the rate of change of total cost with respect to output.


= 0.021x2 – 0.006x +15

So, when x = 17 then,

MC = 0.021(172) – 0.006(17) +15

= 0.021(289) – 0.102 + 15

= 20.967

Therefore, the marginal cost when 17 units are produced is Rs. 20.967.

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