Mathematics, 04.06.2020 17:58 CHENDESHEN
The cost (in dollars) of producing x units of a certain commodity is given below.
C(x) = 3000 + 15x + 0.15x^2
(a) Find the average rate of change of C with respect to x when the production is changed from x = 100 to the given value.
(i) x = 102
(ii) x = 101
(b) Find the instantaneous rate of change of C with respect to x when x = 100. (This is called the marginal cost.)
$ /per unit
Answers: 3
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The cost (in dollars) of producing x units of a certain commodity is given below.
C(x) = 3000 + 15x...
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