For a highly productive factory in Milwaukee, the total cost (in dollars) to produce q items is given by the function C(q) = 20, 000 + 15.70q – 0.003q? . Find the total cost of producing 300 items. Answer: $ (Round to the nearest penny, if necessary.) Find the marginal cost when producing 300 items. That is, find the cost of producing the 301st item. Answer: $ (Round to the nearest penny.)

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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For a highly productive factory in Milwaukee, the total cost (in dollars) to produce q items is given by the
function C(q) = 20, 000 + 15.70q – 0.003q² .
Find the total cost of producing 300 items.
Answer: $
(Round to the nearest penny, if necessary.)
Find the marginal cost when producing 300 items. That is, find the cost of producing the 301st item.
Answer: $
(Round to the nearest penny.)
Transcribed Image Text:For a highly productive factory in Milwaukee, the total cost (in dollars) to produce q items is given by the function C(q) = 20, 000 + 15.70q – 0.003q² . Find the total cost of producing 300 items. Answer: $ (Round to the nearest penny, if necessary.) Find the marginal cost when producing 300 items. That is, find the cost of producing the 301st item. Answer: $ (Round to the nearest penny.)
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