Step 1 :

\

(a)

\

The function is \"\"

\

Marginal cost function is the derivative of cost function.

\

Differentiate \"\" with respect to x.

\

\"\"

\

The marginal cost function is \"\".

\

Step 2 :

\

(b)

\

Substitute \"\" in \"\".

\

\"\"

\

The marginal cost at the production level of 200 is $ 32/yard.

\

\"\" means the cost of producing 201st  yard.

\

Step 3 :

\

(c)

\

The actual cost of producing the item.

\

\"\"

\

Solution :

\

(a) \"\"

\

(b) $ 32/yard ; \"\" means the cost of producing 201st  yard

\

(c) $ 32.20.