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QUESTION
1 (y) = -36y - 100 + 10y 2 - y 3 3 1 = -36(18) - 100 + 10(18)2 - (18)3 3 = 548 c. What is the marginal cost of the firm at this output level?
1 (y) = -36y - 100 + 10y 2 - y 3 3 1 = -36(18) - 100 + 10(18)2 - (18)3 3 = 548 c. What is the marginal cost of the firm at this output level? The marginal cost is equal to the derivative of the cost function, cost C (y) D. What is the variable cost of production at this output level?
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