Suppose a product's cost function is given by - 3q² + 800q, where C(q) is in dollars and q is the number of units produced. C(q) = Use the marginal cost function to find the approximate cost of producing the 25th unit. Marginal cost = dollars per unit

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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Suppose a product's cost function is given by
3q² + 800q, where C(q) is in dollars
C(q)
and q is the number of units produced.
=
Use the marginal cost function to find the
approximate cost of producing the 25th unit.
Marginal cost =
dollars per unit
Transcribed Image Text:Suppose a product's cost function is given by 3q² + 800q, where C(q) is in dollars C(q) and q is the number of units produced. = Use the marginal cost function to find the approximate cost of producing the 25th unit. Marginal cost = dollars per unit
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