DETAILS ▪. [1.05/2 Points] PREVIOUS AN Cost of Producing Calculators A subsidiary of Elektra Electronics manufactures graphing calculators. Management determines that the daily cost C(x) (in dollars) of C(x) = 0.0001x³ -0.08x2 + 40x+ 3000 where x is the number of calculators produced. Find the inflection point of the function C. (Round your answers to two decimal places.) (x, C) = Interpret your result. The inflection point is where the rate of change of the daily cost is at a minimum

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
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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▪. [1.05/2 Points]
PREVIOUS AN
Cost of Producing Calculators A subsidiary of Elektra Electronics manufactures graphing calculators. Management determines that the daily cost C(x) (in dollars) of
C(x) = 0.0001x³ -0.08x2 + 40x + 3000
where x is the number of calculators produced. Find the inflection point of the function C. (Round your answers to two decimal places.)
(x, C) =
Interpret your result.
The inflection point is where the rate of change of the daily cost is at a minimum
Transcribed Image Text:DETAILS ▪. [1.05/2 Points] PREVIOUS AN Cost of Producing Calculators A subsidiary of Elektra Electronics manufactures graphing calculators. Management determines that the daily cost C(x) (in dollars) of C(x) = 0.0001x³ -0.08x2 + 40x + 3000 where x is the number of calculators produced. Find the inflection point of the function C. (Round your answers to two decimal places.) (x, C) = Interpret your result. The inflection point is where the rate of change of the daily cost is at a minimum
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