It is estimated that the monthly cost of producing x units of a particular commodity is C(x)
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It is estimated that the monthly cost of producing x units of a particular commodity is C(x) = 0.06x + 3x1/2 + 20 hundred dollars. Suppose production is decreasing at the rate of 11 units per month when the monthly production is 2,500 units. At what rate is the cost changing at this level of production?
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or decreasing at a rate of 99 pe...View the full answer
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Related Book For 
Calculus For Business, Economics And The Social And Life Sciences
ISBN: 9780073532387
11th Brief Edition
Authors: Laurence Hoffmann, Gerald Bradley, David Sobecki, Michael Price
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