The variable cost for the production of a calculator is $14.65 and the initial investment is $110,000. (a) Find the total cost C as a function of x, the number of units produced. C = (b) Use differentials to approximate the change in the cost for a one-unit increase in production when x = 50,000. (Round your answer to two decimal places.) $ Explain why dC = AC in this problem. AC = dC because C is an exponential function. O AC = dC because C is a quadratic function. O AC = dC because C is a cubic function. O AC = dC because C is a linear function. AC = dC because C is a constant function. O O

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
100%
The variable cost for the production of a calculator is $14.65 and the initial investment is $110,000.
 
(a)Find the total cost C as a function of x, the number of units produced.
(b)Use differentials to approximate the change in the cost for a one-unit increase in production when x = 50,000.
 (Round your answer to two decimal places.)
 
The variable cost for the production of a calculator is $14.65 and the initial investment is $110,000.
(a) Find the total cost C as a function of x, the number of units produced.
C =
(b) Use differentials to approximate the change in the cost for a one-unit increase in production when x = 50,000. (Round your answer to two decimal places.)
$
Explain why dC = AC in this problem.
AC = dC because C is an exponential function.
O AC = dC because C is a quadratic function.
O AC = dC because C is a cubic function.
O AC = dC because C is a linear function.
AC = dC because C is a constant function.
O O
Transcribed Image Text:The variable cost for the production of a calculator is $14.65 and the initial investment is $110,000. (a) Find the total cost C as a function of x, the number of units produced. C = (b) Use differentials to approximate the change in the cost for a one-unit increase in production when x = 50,000. (Round your answer to two decimal places.) $ Explain why dC = AC in this problem. AC = dC because C is an exponential function. O AC = dC because C is a quadratic function. O AC = dC because C is a cubic function. O AC = dC because C is a linear function. AC = dC because C is a constant function. O O
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Similar questions
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