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6 Nov 2019
The cost (in dollars) of producing x units of a certain commodity is C(x) = 8000 + 8x + 0.1x^2.(a) Find the average rate of change of C with respect to x when the production level is changed from x = 100 to the given value. (Round your answers to the nearest cent.)(i) x = 104$ per unit(ii) x = 101$ per unit(b) Find the instantaneous rate of change of C with respect to x when x = 100. (This is called the marginal cost.)$ per unit
The cost (in dollars) of producing x units of a certain commodity is C(x) = 8000 + 8x + 0.1x^2.(a) Find the average rate of change of C with respect to x when the production level is changed from x = 100 to the given value. (Round your answers to the nearest cent.)(i) x = 104$ per unit(ii) x = 101$ per unit(b) Find the instantaneous rate of change of C with respect to x when x = 100. (This is called the marginal cost.)$ per unit
Lelia LubowitzLv2
6 Nov 2019