(Steps Shown) A pen manufacturer determined that the total cost in dollars of producing x dozen pens in one day is given by: C(x)=350+2 x-0.01 x^2, 0 ≤q
Question: A pen manufacturer determined that the total cost in dollars of producing \(x\) dozen pens in one day is given by:
\(C(x)=350+2 x-0.01 x^{2}, \quad 0 \leq x \leq 100\)
Find the marginal cost at a production level of 70 dozen pens and interpret the result.
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