Textbooks. A textbook company estimates that the weekly marginal cost associated with producing x textbooks isC'(x)= 12.75 - 0.0016xIf the weekly fixed cost of producing textbooks is 517 (this means C(0)517), find an expression for C(x), the weekly cost ofproducing x textbooks.C(x)

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Answered: Textbooks. A textbook company estimates…

Algebra & Trigonometry with Analytic Geometry

13th Edition

ISBN:9781133382119

Author:Swokowski

Publisher:Swokowski

Chapter5: Inverse, Exponential, And Logarithmic Functions

Section: Chapter Questions

Problem 18T

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The demand function for the Viking Boat’s 34-ft Sundancer yacht isp = 200 − 0.01x ln x,where x denotes the number of yachts and p is the price per yacht in hundreds of dollars.(a) Find the revenue function and the marginal revenue function for this model of yacht.(b) Use the result of part (a) to estimate the revenue realized from the sale of the 500-th34-ft Sundance yacht. (Note: This is an estimate, so be careful to use the correct functionfrom part (a) and to evaluate it at the correct value of x.)(c) Now compute the exact revenue realized from the sale of the 500-th 34-ft Sundance yacht. (d) Comment on the approximation provided in part (b).
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Textbooks. A textbook company estimates that the weekly marginal cost associated with producing x textbooks is C'(x) = 12.75 - 0.0016x If the weekly fixed cost of producing textbooks is 517 (this means C(0) = 517), find an expression for C(x), the weekly cost of producing x textbooks. C(x) =