Explanation Given information: q is the quantity in tons and C ' ( q ) is the marginal cost measured in dollars per ton. Concept used: If F ' ( t ) is continuous for a ≤ t ≤ b , then ∫ a b F ' ( t ) d t = F ( b ) − F ( a ) . Calculation: So, if C ' ( q ) is the marginal cost and C ( q ) represents the cost of producing q items then cost to increase production from a units to b units is ∫ a b C ' ( q ) d q = C ( b ) − C ( a )

6th Edition

ISBN: 9781119267874

Author: Hughes-Hallett

Publisher: WILEY

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Chapter 5.5, Problem 2P

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To find the units of measurement and significance for ∫800900C′(q)dq.

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Chapter 5.5, Problem 1P

Chapter 5.5, Problem 3P

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To find the units of measurement and significance for ∫ 800 900 C ′ ( q ) d q .

Solution Summary: The author calculates the units of measurement and significance for displaystyle 'underset' 800overset900int and C''(q)'.

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To find the units of measurement and significance for ∫800900C′(q)dq.

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