1) The price-demand function for selling x pieces of a certain product is given by p(x) = 5x²+ 37x, while the profit in selling x is determined by P(x) = 4x³ + 58x² + 45x - 220. (b) Use marginals to approximate the cost of producing the 101st unit.

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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Answer the ff:

1) The price-demand function for selling à pieces of a certain product is given by p(x) = 5x²+
37x, while the profit in selling x is determined by P(x) = 4x³ + 58x² + 45x - 220.
(b) Use marginals to approximate the cost of producing the 101st unit.
Transcribed Image Text:1) The price-demand function for selling à pieces of a certain product is given by p(x) = 5x²+ 37x, while the profit in selling x is determined by P(x) = 4x³ + 58x² + 45x - 220. (b) Use marginals to approximate the cost of producing the 101st unit.
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