Q. 154.2( 26 Votes )
The total cost C(
Answer :
Marginal cost (MC) is the rate of change of total cost with respect to output.
Then, 
= 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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