Let C(q) represent the cost and R(q) represent the revenue, in dollars, of producing q items.If C (50) = 4300 and ?′(50) = 24 , estimate C(52).If ?′(50) = 24 and ?′(50) = 35, approximately how much profit is earned by the 51stitem?If ?′(100) = 38 and ?′(100) = 35, should the company produce the 101st iten? Whyor why not?

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Answered: Let C(q) represent the cost and R(q)…

Algebra for College Students

10th Edition

ISBN:9781285195780

Author:Jerome E. Kaufmann, Karen L. Schwitters

Publisher:Jerome E. Kaufmann, Karen L. Schwitters

Chapter8: Functions

Section8.7: Direct And Inverse Variation

Problem 39PS

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Let C(q) represent the cost and R(q) represent the revenue, in dollars, of producing q items.
1. If C (50) = 4300 and ?′(50) = 24 , estimate C(52).
2. If ?′(50) = 24 and ?′(50) = 35, approximately how much profit is earned by the 51st
  
  item?
3. If ?′(100) = 38 and ?′(100) = 35, should the company produce the 101st iten? Why
  
  or why not?

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