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Higher-Order Derivatives
Grade Level
Calculus I
CAL1.66 Higher-Order Derivatives
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For a cost function C(x), the first derivative C'(x) is marginal cost. If C''(x) > 0 for x in an interval, what does that indicate?
A
Marginal cost is increasing as x increases on that interval.
B
Total cost is constant on that interval.
C
Marginal cost is decreasing because the curve bends down.
D
The company is losing money on that interval.
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