Revenue, Cost, and Profit Yaster Electronics manufactures and sells a televisions per month. The cost and revenue in dollars are given by C(x) = 73,510+59 x and R(x) = 203 x -0.034x². Use differential approximations to estimate the change in profit if production level is increased from 1,500 to 1,533. Round to the nearest dollar. $ NOTE: Your answer might be negative.
Revenue, Cost, and Profit Yaster Electronics manufactures and sells a televisions per month. The cost and revenue in dollars are given by C(x) = 73,510+59 x and R(x) = 203 x -0.034x². Use differential approximations to estimate the change in profit if production level is increased from 1,500 to 1,533. Round to the nearest dollar. $ NOTE: Your answer might be negative.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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