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Concept explainers
Cost, revenue, and profit rates. Suppose that for a company manufacturing calculators, the cost, revenue, and profit equations are given by
where the production output in 1 week is x calculators. If production is increasing at a rate of 500 calculators per week when production output is 6,000 calculators, find the rate of increase (decrease) in
- (A) Cost
- (B) Revenue
- (C) Profit
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Chapter 3 Solutions
CALCULUS FOR BUSINESS...-MYLAB ACESS
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