Cost, revenue, and profit are in dollars and x is the number of units. If the marginal cost for a product is MC = 2x + 20 and the total cost of producing 30 units is $2000, find the cost of producing 45 units. x $
Cost, revenue, and profit are in dollars and x is the number of units. If the marginal cost for a product is MC = 2x + 20 and the total cost of producing 30 units is $2000, find the cost of producing 45 units. x $
Chapter3: Polynomial Functions
Section3.5: Mathematical Modeling And Variation
Problem 5ECP
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![Cost, revenue, and profit are in dollars and x is the number of units.
If the marginal cost for a product is MC = 2x + 20 and the total cost of producing 30 units is $2000, find the cost of producing 45 units.
X
$](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Faf5ef969-a2da-4b22-8ba3-ee44845f2023%2Ffc3f14dd-f339-49b6-a226-50e554fe09b1%2Fruur9z6_processed.png&w=3840&q=75)
Transcribed Image Text:Cost, revenue, and profit are in dollars and x is the number of units.
If the marginal cost for a product is MC = 2x + 20 and the total cost of producing 30 units is $2000, find the cost of producing 45 units.
X
$
![Suppose that the marginal propensity to consume is
dc
= 0.8-e-2y (in billions of dollars)
and that consumption is $5.7 billion when disposable income is $0. Find the national consumption function.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Faf5ef969-a2da-4b22-8ba3-ee44845f2023%2Ffc3f14dd-f339-49b6-a226-50e554fe09b1%2Feenlqm_processed.png&w=3840&q=75)
Transcribed Image Text:Suppose that the marginal propensity to consume is
dc
= 0.8-e-2y (in billions of dollars)
and that consumption is $5.7 billion when disposable income is $0. Find the national consumption function.
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