Application Marginal Cost: Media companies can buy multiple licences for AudioTime audio recordir software at a total cost of approximately C(x) =168x dollars for x licenses. a) Find the marginal cost function. (4 pts.) b) Find the marginal cost when x= 64, and interpret your answer.

Calculus: Early Transcendentals
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Author:James Stewart
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Chapter1: Functions And Models
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Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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Application
Marginal Cost: Media companies can buy multiple licences for AudioTime audio recording
software at a total cost of approximately C(x) =168x dollars for x licenses.
a) Find the marginal cost function. (4 pts.)
b) Find the marginal cost when x= 64, and interpret your answer.
Based on a recent study, the "happiness" of the people who live in a country whose average
temperature is t degree Fahrenheit is given by
h(t) = 8.2 – (0.01t – 2.8)?, for 35 sts 72.
("Happiness" was rated from 1 = "not all happy" to 4 = "very happy".)
Find h(40) and h'(40). Interpret your answers.
Transcribed Image Text:Application Marginal Cost: Media companies can buy multiple licences for AudioTime audio recording software at a total cost of approximately C(x) =168x dollars for x licenses. a) Find the marginal cost function. (4 pts.) b) Find the marginal cost when x= 64, and interpret your answer. Based on a recent study, the "happiness" of the people who live in a country whose average temperature is t degree Fahrenheit is given by h(t) = 8.2 – (0.01t – 2.8)?, for 35 sts 72. ("Happiness" was rated from 1 = "not all happy" to 4 = "very happy".) Find h(40) and h'(40). Interpret your answers.
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