Suppose that total cost is given by C(q) thousand dollars when q million units are produced. What are the units of measure for the marginal cost at a production level of 25 million units? Write a sentence interpreting the marginal cost C′(25) = 4.
Suppose that total cost is given by C(q) thousand dollars when q million units are produced. What are the units of measure for the marginal cost at a production level of 25 million units? Write a sentence interpreting the marginal cost C′(25) = 4.
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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Suppose that total cost is given by C(q) thousand dollars when q million units are produced. What are the units of measure for the marginal cost at a production level of 25 million units? Write a sentence interpreting the marginal cost C′(25) = 4.
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