Question: A company making solar panels spends x dollars on materials, and the revenue from the sale of the solar panels is f(x) dollars. (a) What
A company making solar panels spends x dollars on materials, and the revenue from the sale of the solar panels is f(x) dollars.
(a) What does the statement f'(80,000) = 2 mean in practical terms? How about f'(80,000) = 0.5?
(b) Suppose the company plans to spend about $80,000 on materials. If f'(80,000) = 2, should the company spend more than $80,000 on materials? What if f'(100) = 0.5?
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