Suppose that the daily cost, in dollars, of producing x televisions is C(x)=0.001x^3+0.1x^2+69x+600, and currently 70 televisions are produced daily. Use C(70) and the marginal cost to estimate the daily cost of increasing production to 73 televisions daily. Round to the nearest dollar.
Suppose that the daily cost, in dollars, of producing x televisions is C(x)=0.001x^3+0.1x^2+69x+600, and currently 70 televisions are produced daily. Use C(70) and the marginal cost to estimate the daily cost of increasing production to 73 televisions daily. Round to the nearest dollar.
Chapter1: Equations, Inequalities, And Mathematical Modeling
Section1.1: Graphs Of Equations
Problem 9ECP
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Suppose that the daily cost, in dollars, of producing x televisions is
C(x)=0.001x^3+0.1x^2+69x+600,
and currently
70
televisions are produced daily.Use
C(70)
and the marginal cost to estimate the daily cost of increasing production to
73
televisions daily. Round to the nearest dollar.Expert Solution
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