The total cost of producing x units of a product is given by: and all x units will sell when the price p of each unit is: p(x) 12. C(x) 10x 100vx+ 10,000, 1000 Find functions for the marginal cost and marginal revenue of producing and selling x units of this product. Use marginal analysis to estimate the cost of producing the 101st unit. (a) (b)
The total cost of producing x units of a product is given by: and all x units will sell when the price p of each unit is: p(x) 12. C(x) 10x 100vx+ 10,000, 1000 Find functions for the marginal cost and marginal revenue of producing and selling x units of this product. Use marginal analysis to estimate the cost of producing the 101st unit. (a) (b)
Chapter3: Functions
Section3.3: Rates Of Change And Behavior Of Graphs
Problem 3SE: How are the absolute maximum and minimum similar to and different from the local extrema?
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