Suppose that for a company manufacturing calculators, the cost, revenue, and profit equations are given by C= 70 000 + 40x, R=300x- P=R-C 20 where the production output in 1 week is x calculators. If production is increasing at a rate of 600 calculators per week when production output is 4,000 calculators. Find the rate of increase (decrease) in cost revenue, and orofit A) Costs are v at the rate of $ per week at this production level (Simplify your answer)
Suppose that for a company manufacturing calculators, the cost, revenue, and profit equations are given by C= 70 000 + 40x, R=300x- P=R-C 20 where the production output in 1 week is x calculators. If production is increasing at a rate of 600 calculators per week when production output is 4,000 calculators. Find the rate of increase (decrease) in cost revenue, and orofit A) Costs are v at the rate of $ per week at this production level (Simplify your answer)
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter3: Linear And Nonlinear Functions
Section3.4: Slope-intercept Form
Problem 73PFA
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Transcribed Image Text:Suppose that for a company manufacturing calculators, the cost, revenue, and profit equations are given by
C=70,000 + 40x, R=300x-
P=R-C
20
where the production output in 1 week is x calculators. If production is increasing at a rate of 600 calculators per week when production output is 4,000
calculators. Find the rate of increase (decrease) in cost. revenue. and profit.
...
A) Costs are
at the rate of S per week at this production level.
(Simplify your answer.)
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