The cost C (in dollars) of manufacturing x number of high-quality computer laser printers is C(x)=9x^4/3+9x^2/3+600,000 Currently, the level of production is 1,728 printers and that level is increasing at the rate of 250 printers per month. Find the rate at which the cost is increasing each month. The cost is increasing at about $______ per month.
The cost C (in dollars) of manufacturing x number of high-quality computer laser printers is C(x)=9x^4/3+9x^2/3+600,000 Currently, the level of production is 1,728 printers and that level is increasing at the rate of 250 printers per month. Find the rate at which the cost is increasing each month. The cost is increasing at about $______ per month.
Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter7: Production Economics
Section: Chapter Questions
Problem 8E
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The cost C (in dollars) of manufacturing x number of high-quality computer laser printers is C(x)=9x^4/3+9x^2/3+600,000
Currently, the level of production is 1,728 printers and that level is increasing at the rate of 250 printers per month. Find the rate at which the cost is increasing each month.
The cost is increasing at about $______ per month.
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