Suppose that for a company manufacturing transistor radios, the cost and revenue equations are given by C
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Question:
Suppose that for a company manufacturing transistor radios, the cost and revenue equations are given by C = 5,000 + 2 x and R = 10 x - 0.001 x 2 , where the production output in 1 week is x radios. If production is increasing at the rate of 500 radios per week when production is 2,000 radios, find the rate of increase in (a) Cost (b) Revenue
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