(c) SUPPLY RATE When the price of a certain commodity is p dollars per unit, the manufacturer is willing to supply x hundred units, where 3p? – x² = 12. How fast is the supply changing when the price is $4 per unit and is increasing at the rate of 87 cents per month? (d) MANUFACTURING At a certain factory, output Q is related to inputs x and y by the equation Q = 2r° + 3x*y² + (1 + y)². If the current levels of input are x = 30 and y = 20, use calculus to estimate the change in input y that should be made to offset a decrease of 0.8 unit in input x so that output will be maintained at its current level.
(c) SUPPLY RATE When the price of a certain commodity is p dollars per unit, the manufacturer is willing to supply x hundred units, where 3p? – x² = 12. How fast is the supply changing when the price is $4 per unit and is increasing at the rate of 87 cents per month? (d) MANUFACTURING At a certain factory, output Q is related to inputs x and y by the equation Q = 2r° + 3x*y² + (1 + y)². If the current levels of input are x = 30 and y = 20, use calculus to estimate the change in input y that should be made to offset a decrease of 0.8 unit in input x so that output will be maintained at its current level.
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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