Suppose that for a company manufacturing​ calculators, the​ cost, revenue, and profit equations are given by C=80,000+30x,  R=300x−x220, P=R−C  where the production output in 1 week is x calculators. If production is increasing at a rate of 500 calculators per week when production output is 6,000 calculators. Find the rate of increase​ (decrease) in​ cost, revenue, and profit.       Question content area bottom Part 1 ​A) Costs are ▼     at the rate of ​$enter your response here per week at this production level. ​(Simplify your​ answer.) Part 2 ​B) Revenue is ▼   increasing decreasing at the rate of ​$enter your response here per week at this production level. ​(Simplify your​ answer.) Part 3 ​C) Profits are ▼   increasing decreasing at the rate of ​$enter your response here per week at this production level. ​(Simplify your​ answer.)

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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Suppose that for a company manufacturing​ calculators, the​ cost, revenue, and profit equations are given by
C=80,000+30x,  R=300x−x220, P=R−C 
where the production output in 1 week is x calculators. If production is increasing at a rate of
500
calculators per week when production output is
6,000
calculators. Find the rate of increase​ (decrease) in​ cost, revenue, and profit.
 
 
 

Question content area bottom

Part 1
​A) Costs are
 
 
at the rate of
​$enter your response here
per week at this production level.
​(Simplify your​ answer.)
Part 2
​B) Revenue is
 
increasing
decreasing
at the rate of
​$enter your response here
per week at this production level.
​(Simplify your​ answer.)
Part 3
​C) Profits are
 
increasing
decreasing
at the rate of
​$enter your response here
per week at this production level.
​(Simplify your​ answer.)
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