A product can be produced at a total cost of C'(x) = 500 + 100x2 + x³ dollars, where x is the number of units produced. If the total revenue is given by R(x) = 60,000x50x² dollars, Find the marginal profit function. Estimate the revenue from the sale of the 11th product.
A product can be produced at a total cost of C'(x) = 500 + 100x2 + x³ dollars, where x is the number of units produced. If the total revenue is given by R(x) = 60,000x50x² dollars, Find the marginal profit function. Estimate the revenue from the sale of the 11th product.
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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