Suppose that for a company manufacturing calculators, the cost, revenue, and profit equations are given by C=70,000+20x, R=200x−x2 /20, P=R−C where the production output in 1 week is x calculators. If production is increasing at a rate of 400 calculators per week when production output is 5,000 calculators. Find the rate of increase (decrease) in cost, revenue, and profit. A) Costs are... at the rate of...$ enter your response here per week at this production level. (Simplify your answer.) B) Revenue is....at the rate of....$ enter your response here 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+20x, R=200x−x2 /20, P=R−C where the production output in 1 week is x calculators. If production is increasing at a rate of 400 calculators per week when production output is 5,000 calculators. Find the rate of increase (decrease) in cost, revenue, and profit. A) Costs are... at the rate of...$ enter your response here per week at this production level. (Simplify your answer.) B) Revenue is....at the rate of....$ enter your response here 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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Suppose that for a company manufacturing calculators, the cost, revenue, and profit equations are given by
| C=70,000+20x, | R=200x−x2 /20, | P=R−C |
where the production output in 1 week is x calculators. If production is increasing at a rate of 400 calculators per week when production output is 5,000 calculators.
Find the rate of increase (decrease) in cost, revenue, and profit.
A) Costs are... at the rate of...$ enter your response here per week at this production level.
(Simplify your answer.)
B) Revenue is....at the rate of....$ enter your response here per week at this production level.
(Simplify your answer.)
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