A companys marginal cost function is given by C(x) = 32 + x/ 20, where x denotes
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A company’s marginal cost function is given by C′(x) = 32 + x/ 20, where x denotes the number of items produced in 1 day and C(x) is in thousands of dollars. Determine the increase in cost if the company goes from a production level of 15 to 20 items per day.
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Let Cx represent the cost function The cost increase is ...View the full answer
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Related Book For
Calculus And Its Applications
ISBN: 9780134437774
14th Edition
Authors: Larry Goldstein, David Lay, David Schneider, Nakhle Asmar
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