Suppose a company produces fly rods. Assume C(x) = -0.0001x 3 + 0.05x 2 + 60x +
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Suppose a company produces fly rods. Assume C(x) = -0.0001x3 + 0.05x2 + 60x + 800 represents the cost of making x fly rods.
a. Determine the average and marginal costs for x = 400 fly rods.
b. Interpret the meaning of your results in part (a).
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a The marginal cost is given by Cx 00003x 2 01x 6...View the full answer
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Related Book For
Calculus Early Transcendentals
ISBN: 978-0321947345
2nd edition
Authors: William L. Briggs, Lyle Cochran, Bernard Gillett
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