A manufacturer is making a special voltage small electronic battery. The total cost, C, (in thousands of dollars) to make the batteries is a function of the number of batteries made u (in thousands) and is given by C(u) = 0.0022 · u? + 0.1 · u + 310. The manufacturer plans to charge wholesalers $2.20 per battery A. What is the marginal profit at the production level of 393 thousand batteries? | (nearest 0.01) B. What is the marginal profit at the production level of 883 thousand batteries? (nearest 0.01) C. At what production level will profit be maximized? (Show your work) thousand (nearest 1000)

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
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Chapter2: Functions And Their Graphs
Section2.4: A Library Of Parent Functions
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A manufacturer is making a special voltage small electronic battery.
The total cost, C, (in thousands of dollars) to make the batteries is
a function of the number of batteries made u (in thousands) and is given by
C(u) = 0.0022 · u? + 0.1 · u + 310.
The manufacturer plans to charge wholesalers $2.20 per battery
A. What is the marginal profit at the production level of 393 thousand batteries?
| (nearest 0.01)
B. What is the marginal profit at the production level of 883 thousand batteries?
(nearest 0.01)
C. At what production level will profit be maximized? (Show your work)
thousand (nearest 1000)
Transcribed Image Text:A manufacturer is making a special voltage small electronic battery. The total cost, C, (in thousands of dollars) to make the batteries is a function of the number of batteries made u (in thousands) and is given by C(u) = 0.0022 · u? + 0.1 · u + 310. The manufacturer plans to charge wholesalers $2.20 per battery A. What is the marginal profit at the production level of 393 thousand batteries? | (nearest 0.01) B. What is the marginal profit at the production level of 883 thousand batteries? (nearest 0.01) C. At what production level will profit be maximized? (Show your work) thousand (nearest 1000)
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