A company is increasing the production of a product at the rate of 20 units per week. The demand and cost functions for the product are given by p = 60 − 0.03x and C = 4000 + 30x − 0.04x2, where x is the number of units produced per week. Find the rate of change of the profit with respect to time (in dollars per week) when the weekly sales are x = 800 units.
A company is increasing the production of a product at the rate of 20 units per week. The demand and cost functions for the product are given by p = 60 − 0.03x and C = 4000 + 30x − 0.04x2, where x is the number of units produced per week. Find the rate of change of the profit with respect to time (in dollars per week) when the weekly sales are x = 800 units.
Chapter3: Functions
Section3.2: Domain And Range
Problem 61SE: The cost in dollars of making x items is given by the function Cx)=10x+500. a. The fixed cost is...
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A company is increasing the production of a product at the rate of 20 units per week. The demand and cost functions for the product are given by
p = 60 − 0.03x
and
C = 4000 + 30x − 0.04x2,
where x is the number of units produced per week. Find the rate of change of the profit with respect to time (in dollars per week) when the weekly sales are
x = 800 units.
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