Total cost is C 9400 + 4.35g and total revenue is R= 5.35q, both in dollars, where q represents the quantity produced. (a) What is fixed cost? The fixed cost is $ (b) What is the marginal cost per item? The marginal cost is $ uhich this item is sold?
Total cost is C 9400 + 4.35g and total revenue is R= 5.35q, both in dollars, where q represents the quantity produced. (a) What is fixed cost? The fixed cost is $ (b) What is the marginal cost per item? The marginal cost is $ uhich this item is sold?
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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Transcribed Image Text:Total cost is C = 9400 + 4.35q and total revenue is R = 5.35q, both in
dollars, where q represents the quantity produced.
(a) What is fixed cost?
The fixed cost is $
(b) What is the marginal cost per item?
The marginal cost is $
(c) What is the price at which this item is sold?
The selling price is $
(d) For what production levels does this company make a profit?
The company makes a profit when production is Choose one
units.
(e) How much does the company make for each additional unit sold?
for each additional unit sold.
The company makes $
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