Question: Let C ( q ) represent the cost, R ( q ) the revenue, and ( q ) the total profit, in dollars, of producing
LetC(q) represent the cost,R(q) the revenue, and(q) the total profit, in dollars, of producingqitems.
(a)
IfC'(50) =70
andR'(50) =86,
approximately how much profit (in dollars) is earned by the 51st item?
(b)
IfC'(90) =79
andR'(90) =61,
approximately how much profit (in dollars) is earned by the 91st item?
(c)
If(q) is a maximum whenq= 78,
how do you thinkC'(78) andR'(78) compare?
C'(78) is what to R'(78)
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