The cost C, in millions of dollars, of producing q items is given by C = 5.7

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The cost C, in millions of dollars, of producing q items is given by C = 5.7 + 0.002q. Interpret the 5.7 and the 0.002 in terms of production. Give units.

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Applied Calculus

ISBN: 9781119275565

6th Edition

Authors: Deborah Hughes Hallett, Patti Frazer Lock, Andrew M. Gleason, Daniel E. Flath, Sheldon P. Gordon, David O. Lomen, David Lovelock, William G. McCallum, Brad G. Osgood, Andrew Pasquale

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Question Posted: Apr 08, 2023 06:39 AM

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The cost C, in millions of dollars, of producing q items is given by C = 5.7

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The 57 represents the fixed cost of 57 ...View the full answer

Applied Calculus

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