A manufacturer is making a special voltage small electronic battery. The total cost, C, (in thousands of dollars) to make the batteries is a function of the number of batteries made u (in thousands) and is given by C(u) = 0.0022 · u? + 0.1 · u + 310. The manufacturer plans to charge wholesalers $2.20 per battery A. What is the marginal profit at the production level of 393 thousand batteries? | (nearest 0.01) B. What is the marginal profit at the production level of 883 thousand batteries? (nearest 0.01) C. At what production level will profit be maximized? (Show your work) thousand (nearest 1000)
A manufacturer is making a special voltage small electronic battery. The total cost, C, (in thousands of dollars) to make the batteries is a function of the number of batteries made u (in thousands) and is given by C(u) = 0.0022 · u? + 0.1 · u + 310. The manufacturer plans to charge wholesalers $2.20 per battery A. What is the marginal profit at the production level of 393 thousand batteries? | (nearest 0.01) B. What is the marginal profit at the production level of 883 thousand batteries? (nearest 0.01) C. At what production level will profit be maximized? (Show your work) thousand (nearest 1000)
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 ________.
Related questions
Question
Expert Solution
Step 1
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 images
Recommended textbooks for you
Algebra and Trigonometry (MindTap Course List)
Algebra
ISBN:
9781305071742
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
Algebra and Trigonometry (MindTap Course List)
Algebra
ISBN:
9781305071742
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning