(a) Explanation Given: An aluminum can factory has daily fixed cost of $120,000 per day. In addition, it costs 0.03 $ to produce each can. They can sell a can to a soda manufacturer for $ 0.05 a can. Explanation: Consider, an aluminum can factory has daily fixed cost of $120,000 per day. Since, 0.03 $ is charged in addition to produce each can. For X cans, Additional cost = 0.03 X Now, for the rule of the cost function c ( X ) that gives the total daily cost of producing X cans (b) To determine To calculate: The rule of the revenue function r ( X ) that gives the total daily cost of selling X aluminum cans. (c) To determine The rule of the profit function p ( X ) that gives the total profit from X aluminum cans.

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ISBN: 9780135904282

Author: Lial, HUNGERFO

Publisher: PEARSON

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Chapter 3.1, Problem 58E

(a)

To determine

The rule of the cost function c(X) that gives the total daily cost of producing X aluminum cans.

(b)

To determine

To calculate: The rule of the revenue function r(X) that gives the total daily cost of selling X aluminum cans.

(c)

To determine

The rule of the profit function p(X) that gives the total profit from X aluminum cans.

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Chapter 3.1, Problem 57E

Chapter 3.1, Problem 59E

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Chapter 3 Solutions

MYMATHLAB ACCESS CODE - MATHEMATICS WIT

Ch. 3.1 - Checkpoint 1 Find the domain and range of the...Ch. 3.1 - Checkpoint 2 Do the following define...Ch. 3.1 - Checkpoint 3 Do the following define y as a...Ch. 3.1 - Checkpoint 4 Give the domain of each...Ch. 3.1 - Checkpoint 5 Let Find the...Ch. 3.1 - Prob. 6CP Ch. 3.1 - Prob. 7CP Ch. 3.1 - For each of the following rules, state whether it...Ch. 3.1 - For each of the following rules, state whether it...Ch. 3.1 - For each of the following rules, state whether it...

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The rule of the cost function c ( X ) that gives the total daily cost of producing X aluminum cans.

Solution Summary: The author calculates the cost function c(X) that gives the total daily cost of producing X aluminum cans.

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The rule of the cost function c(X) that gives the total daily cost of producing X aluminum cans.

To calculate: The rule of the revenue function r(X) that gives the total daily cost of selling X aluminum cans.

The rule of the profit function p(X) that gives the total profit from X aluminum cans.

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Chapter 3 Solutions