Refer to Exercise 47. Use the formula for C(x) to show directly that C(x + 1) -
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Refer to Exercise 47. Use the formula for C(x) to show directly that C(x + 1) - C(x) = 12. Interpret your result as it pertains to the marginal cost.
Exercise 47
Let C(x) = 12x + 1100 denote the total cost (in dollars) of manufacturing x units of a certain commodity per day.
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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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