Suppose that for a company manufacturing calculators, the cost, revenue, and profit equations are given by x² C=90,000 + 20x, R=200x - A) Costs are increasing at the rate of $ (Simplify your answer.) where the production output in 1 week is x calculators. If production is increasing at a rate of 400 calculators per week when production output is 5,000 calculators. Find the rate of increase (decrease) in cost, revenue, and profit. B) Revenue is (Simplify your answer.) C) Profits are (Simplify your answer.) at the rate of $ 20 at the rate of $ P=R-C per week at this production level. per week at this production level. per week at this production level.
Suppose that for a company manufacturing calculators, the cost, revenue, and profit equations are given by x² C=90,000 + 20x, R=200x - A) Costs are increasing at the rate of $ (Simplify your answer.) where the production output in 1 week is x calculators. If production is increasing at a rate of 400 calculators per week when production output is 5,000 calculators. Find the rate of increase (decrease) in cost, revenue, and profit. B) Revenue is (Simplify your answer.) C) Profits are (Simplify your answer.) at the rate of $ 20 at the rate of $ P=R-C per week at this production level. per week at this production level. per week at this production level.
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter1: Equations And Graphs
Section1.3: Lines
Problem 92E
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Transcribed Image Text:Suppose that for a company manufacturing calculators, the cost, revenue, and profit equations are given by
x²
C = 90,000 + 20x, R=200x -
A) Costs are increasing at the rate of $
(Simplify your answer.)
where the production output in 1 week is x calculators. If production is increasing at a rate of 400 calculators per week when production output is 5,000 calculators. Find the
rate of increase (decrease) in cost, revenue, and profit.
B) Revenue is
(Simplify your answer.
C) Profits are
(Simplify your answer.)
at the rate of $
20
at the rate of $
P=R-C
per week at this production level.
per week at this production level.
per week at this production level.
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