The cost c in terms of the quantities 9₁ and 92 produced of good 1 and good 2 is given by c = 200 + 15q1 + 2592 (a) Give a formula for the change of cost Ac. (b) Use this formula to determine how the cost changes when the production of good 1 is increased by 12 units and the production of good 2 is decreased by 5 units.

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
icon
Related questions
Question

could you please answer with pen and paper?

26. The cost c in terms of the quantities 9₁ and 92 produced of good 1 and good 2 is given by
c = 200 + 15q1 + 2592
(a) Give a formula for the change of cost Ac.
(b) Use this formula to determine how the cost changes when the production of good 1 is increased
by 12 units and the production of good 2 is decreased by 5 units.
Transcribed Image Text:26. The cost c in terms of the quantities 9₁ and 92 produced of good 1 and good 2 is given by c = 200 + 15q1 + 2592 (a) Give a formula for the change of cost Ac. (b) Use this formula to determine how the cost changes when the production of good 1 is increased by 12 units and the production of good 2 is decreased by 5 units.
Expert Solution
steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Recommended textbooks for you
Calculus: Early Transcendentals
Calculus: Early Transcendentals
Calculus
ISBN:
9781285741550
Author:
James Stewart
Publisher:
Cengage Learning
Thomas' Calculus (14th Edition)
Thomas' Calculus (14th Edition)
Calculus
ISBN:
9780134438986
Author:
Joel R. Hass, Christopher E. Heil, Maurice D. Weir
Publisher:
PEARSON
Calculus: Early Transcendentals (3rd Edition)
Calculus: Early Transcendentals (3rd Edition)
Calculus
ISBN:
9780134763644
Author:
William L. Briggs, Lyle Cochran, Bernard Gillett, Eric Schulz
Publisher:
PEARSON
Calculus: Early Transcendentals
Calculus: Early Transcendentals
Calculus
ISBN:
9781319050740
Author:
Jon Rogawski, Colin Adams, Robert Franzosa
Publisher:
W. H. Freeman
Precalculus
Precalculus
Calculus
ISBN:
9780135189405
Author:
Michael Sullivan
Publisher:
PEARSON
Calculus: Early Transcendental Functions
Calculus: Early Transcendental Functions
Calculus
ISBN:
9781337552516
Author:
Ron Larson, Bruce H. Edwards
Publisher:
Cengage Learning