Problem

Points: 0 of 1 Find the cost function if the marginal cost function is given by $C^{\prime}(x)=x^{3 / 4}+2$ and 16 units cost $\$ 170$ \[ C(x)=\square \]

Solution

Step 1 :Given the marginal cost function is \(C'(x) = x^{3/4} + 2\), we can find the cost function by integrating this function with respect to x.

Step 2 :Perform the integration: \(\int C'(x) dx = \int (x^{3/4} + 2) dx\)

Step 3 :This gives us: \(C(x) = \frac{4}{7}x^{7/4} + 2x + C\)

Step 4 :We know that 16 units cost $170, so we can substitute these values into the equation to solve for the constant of integration, C.

Step 5 :Substitute the values: \(170 = \frac{4}{7}16^{7/4} + 2*16 + C\)

Step 6 :Solving for C, we get: \(C = 170 - \frac{4}{7}16^{7/4} - 2*16\)

Step 7 :Calculate the value of C to get: \(C \approx 33.57\)

Step 8 :So, the cost function is: \(C(x) = \frac{4}{7}x^{7/4} + 2x + 33.57\)

Step 9 :To check if this result meets the requirements of the problem, we can substitute x = 16 into the cost function and see if it equals $170.

Step 10 :Substitute the values: \(C(16) = \frac{4}{7}16^{7/4} + 2*16 + 33.57 \approx 170\)

Step 11 :So, the result meets the requirements of the problem. The final cost function is \(\boxed{C(x) = \frac{4}{7}x^{7/4} + 2x + 33.57}\)

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