Suppose that for a company manufacturing calculators, the cost, revenue, and profit equations are given by where

Question:

Suppose that for a company manufacturing calculators, the cost, revenue, and profit equations are given by

where the production output in 1 week is x calculators. If production is increasing at a rate of 500 calculators per week when production output is 6,000 calculators, find the rate of increase (decrease) in

(A) Cost

(B) Revenue

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College Mathematics For Business Economics, Life Sciences, And Social Sciences

ISBN: 978-0134674148

14th Edition

Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker

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Question Posted: Apr 09, 2022 12:00 AM

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Suppose that for a company manufacturing calculators, the cost, revenue, and profit equations are given by where

Question:

C = 90,000 + 30x R = 300x 30 P = R - C

Step by Step Answer:

Ans A C 90000 30x costs are increasing at the rate dCdt 0 30dxdt 30500 15000 ...View the full answer

College Mathematics For Business Economics, Life Sciences, And Social Sciences

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