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If C(x)=3x ((x+7)/(x+5))+5 is the total ...

If `C(x)=3x ((x+7)/(x+5))+5` is the total cost of production of x units a certain product, then then marginal cost

A

A) Falls continuously as the output x increases

B

B) Increases continuously as the output x increase

C

C) Neither increases nor decreases as the output x increases

D

D) None of these

Text Solution

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The correct Answer is:
To find the marginal cost from the given total cost function \( C(x) = 3x \left( \frac{x+7}{x+5} \right) + 5 \), we need to differentiate the cost function with respect to \( x \). ### Step-by-step Solution: 1. **Write down the total cost function:** \[ C(x) = 3x \left( \frac{x+7}{x+5} \right) + 5 \] 2. **Differentiate \( C(x) \) with respect to \( x \):** To find the marginal cost, we need to compute \( C'(x) \). We will use the product rule for differentiation since \( C(x) \) has a product of two functions: \[ C'(x) = \frac{d}{dx} \left[ 3x \cdot \frac{x+7}{x+5} \right] + \frac{d}{dx}(5) \] The derivative of a constant (5) is 0, so we focus on differentiating the product. 3. **Apply the product rule:** Let \( u = 3x \) and \( v = \frac{x+7}{x+5} \). The product rule states that \( (uv)' = u'v + uv' \). - Differentiate \( u \): \[ u' = 3 \] - Differentiate \( v \) using the quotient rule: \[ v = \frac{x+7}{x+5} \quad \Rightarrow \quad v' = \frac{(x+5)(1) - (x+7)(1)}{(x+5)^2} = \frac{x + 5 - x - 7}{(x+5)^2} = \frac{-2}{(x+5)^2} \] 4. **Combine using the product rule:** \[ C'(x) = 3 \cdot \frac{x+7}{x+5} + 3x \cdot \frac{-2}{(x+5)^2} \] 5. **Simplify the expression:** \[ C'(x) = 3 \cdot \frac{x+7}{x+5} - \frac{6x}{(x+5)^2} \] To combine these fractions, find a common denominator: \[ C'(x) = \frac{3(x+7)(x+5) - 6x}{(x+5)^2} \] 6. **Expand and simplify the numerator:** \[ 3(x+7)(x+5) = 3(x^2 + 12x + 35) = 3x^2 + 36x + 105 \] Therefore, \[ C'(x) = \frac{3x^2 + 36x + 105 - 6x}{(x+5)^2} = \frac{3x^2 + 30x + 105}{(x+5)^2} \] 7. **Final expression for marginal cost:** \[ C'(x) = \frac{3x^2 + 30x + 105}{(x+5)^2} \] ### Conclusion: The marginal cost \( C'(x) \) is given by: \[ C'(x) = \frac{3x^2 + 30x + 105}{(x+5)^2} \]
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Knowledge Check

  • If the total cost function is given by C(x) = 10x - 7x^(2) + 3x^(3) , then the marginal average cost

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  • If the total cost of producing x units of a commodity is given by C(x)=(1)/(3)x^(2)+x^(2)-15x+300 , then the marginal cost when x=5 is

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    B
    Rs 20
    C
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    D
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