Suppose that the joint cost function for two products is dollars. Find the marginal cost with respect to x.

Question

Suppose that the joint cost function for two products is  dollars. Find the marginal cost with respect to x. ​

Quizplus · Accepted Answer

To find the marginal cost with respect to x, we take the partial derivative of the joint cost function with respect to x, treating all other variables as constants. In this case, the partial derivative of 11e^(-0.3x) + 0.4e^(0.6x) with respect to x is -3.3e^(-0.3x) + 0.24e^(0.6x). Substituting x=2 gives approximately -2.725. Therefore, the correct answer is C, 11eb0d3b_98b6_cba2_9790_d3b26619e115_TB1243_11.

Suppose That the Joint Cost Function for Two Products Is