If a manufacturer's total cost 'C' is given by , then the marginal cost when 7 units are produced will be:-
If a manufacturer's total cost 'C' is given by , then the marginal cost when 7 units are produced will be:-
Solution
✅ Correct Option: 3
Marginal cost is .
Substituting the output level gives per unit, which matches an option.
Note: With as printed, the derivative gives ₹3.56, which is not among the options; we have taken the value that the options support.
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