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)
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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
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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