Production: point of diminishing returns. A T-shirt manufacturer is planning to expand its workforce. It estimates that the number of T-shirts produced by hiring x new workers is given by T ( x ) = − 0.25 x 4 + 5 x 3 0 ≤ x ≤ 15 When is the rate of change of T-shirt production increasing and when is it decreasing? What is the point of diminishing returns and the maximum rate of change of T-shirt production? Graph T and T ′ on the same coordinate system .
Production: point of diminishing returns. A T-shirt manufacturer is planning to expand its workforce. It estimates that the number of T-shirts produced by hiring x new workers is given by T ( x ) = − 0.25 x 4 + 5 x 3 0 ≤ x ≤ 15 When is the rate of change of T-shirt production increasing and when is it decreasing? What is the point of diminishing returns and the maximum rate of change of T-shirt production? Graph T and T ′ on the same coordinate system .
Solution Summary: The author calculates the local extrema for the revenue function T(x).
Production: point of diminishing returns. A T-shirt manufacturer is planning to expand its workforce. It estimates that the number of T-shirts produced by hiring x new workers is given by
T
(
x
)
=
−
0.25
x
4
+
5
x
3
0
≤
x
≤
15
When is the rate of change of T-shirt production increasing and when is it decreasing? What is the point of diminishing returns and the maximum rate of change of T-shirt production? Graph T and T′ on the same coordinate system.
System that uses coordinates to uniquely determine the position of points. The most common coordinate system is the Cartesian system, where points are given by distance along a horizontal x-axis and vertical y-axis from the origin. A polar coordinate system locates a point by its direction relative to a reference direction and its distance from a given point. In three dimensions, it leads to cylindrical and spherical coordinates.
Consider the graphs of y = f(x) and y = g(x) in the given diagram
y= f(x).
y = g(x)
Evaluate (f+g)(2) -5
Determine all for which g(x) < f(x)
Determine all for which f(x) +3 = g(x)
I) For what value(s) of x does g(x) = -4? Separate multiple answers with commas as needed.
J) Give the interval(s) of such that g(x) > 0. Use the union symbol between multiple intervals.
K) Give the interval(s) of such that g(x) <0. Use the union symbol between multiple intervals.
Most people know that the probability of getting a head when you flip a fair coin is . You want to use the relative frequency of the event to show that the probability is . How many times should you simulate flipping the coin in the experiment? Would it be better to use 300 trials or 3000 trials? Explain.
Chapter 4 Solutions
Calculus for Business, Economics, Life Sciences, and Social Sciences (14th Edition)
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, subject and related others by exploring similar questions and additional content below.