A coffee production company stores its coffee beans in 60-kg sacks. The cost, in dollars, of producing r sacks of coffee beans is given by C(x) = 1200 + 3x-0.01a2 +0.0000723. 1. Find the marginal cost function.

Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter2: Functions
Section2.4: Average Rate Of Change Of A Function
Problem 4.2E: bThe average rate of change of the linear function f(x)=3x+5 between any two points is ________.
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“1 2 3” all refer to the same equation at the top. so i included all three questions in the same post so it’s less confusing.
A coffee production company stores its coffee beans in 60-kg sacks. The cost, in dollars, of producing r sacks
of coffee beans is given by
C(x) = 1200 + 3x –0.01x? + 0.00007x³.
1. Find the marginal cost function.
2. Find the value C'(200), and explain its meaning.
3. Compute the cost of producing the 201st sack of coffee (you may use a calculator for this). Does the
marginal cost provide a good approximation to this cost?
Transcribed Image Text:A coffee production company stores its coffee beans in 60-kg sacks. The cost, in dollars, of producing r sacks of coffee beans is given by C(x) = 1200 + 3x –0.01x? + 0.00007x³. 1. Find the marginal cost function. 2. Find the value C'(200), and explain its meaning. 3. Compute the cost of producing the 201st sack of coffee (you may use a calculator for this). Does the marginal cost provide a good approximation to this cost?
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