Mathematics

Mathematics

Problem

A manufacturer’s cost (in dollars) to produce qq units of a product is given by C(q)=0.5q3−6q2+15q+100C(q)=0.5q^{3}-6q^{2}+15q+100 for q≥0q\ge 0. At what production level does the marginal cost change from decreasing to increasing? a) q=6q=6 b) q=4q=4 c) q=2q=2 d) q=8q=8

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