Suppose the total manufacturing cost C at a certain factory is a function of the number q

Question:

Suppose the total manufacturing cost C at a certain factory is a function of the number q of units produced, which in turn is a function of the number t of hours during which the factory has been operating.

a. What quantity is represented by the derivative dC/dq? In what units is this quantity measured?

b. What quantity is represented by the derivative dq/dt? In what units is this quantity measured?

c. What quantity is represented by the product

In what units is this quantity measured?

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Related Book For answer-question

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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Question Posted: May 28, 2023 04:14 AM

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Suppose the total manufacturing cost C at a certain factory is a function of the number q

Question:

dC dq. dq dt -?

Step by Step Answer:

The total manufacturing cost C is a function of q where q is the number of units produced ...View the full answer

Calculus For Business, Economics And The Social And Life Sciences

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