Recall that to find the cost to produce the nth unit in a production process, we calculate the difference C(n)-C(n-1) where C(n) is the cost of producing n units. The total cost (in dollars) for a fast food franchise of producing a thousand hamburgers might be Find the exact cost of producing the 2,001st burger. Be careful though. The units for x are thousand of hamburgers. The 2,001st burger is represented by 2.001! Exact cost of 2,001st burger = $ C(x)= 14000+600x - 20x². Use marginal cost to approximate the cost of producing the 2001st burger. Approx. cost of 2001st burger = $

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
icon
Related questions
Question
Recall that to find the cost to produce the nth unit in a production process, we calculate the difference
C(n)-C(n-1)
where C(n) is the cost of producing n units.
The total cost (in dollars) for a fast food franchise of producing a thousand hamburgers might be
Find the exact cost of producing the 2,001st burger. Be careful though. The units for x are thousand of
hamburgers. The 2,001st burger is represented by 2.001!
Exact cost of 2,001st burger = $
C(x) = 14000+600x - 20x².
Use marginal cost to approximate the cost of producing the 2001st burger.
Approx. cost of 2001st burger = $
Transcribed Image Text:Recall that to find the cost to produce the nth unit in a production process, we calculate the difference C(n)-C(n-1) where C(n) is the cost of producing n units. The total cost (in dollars) for a fast food franchise of producing a thousand hamburgers might be Find the exact cost of producing the 2,001st burger. Be careful though. The units for x are thousand of hamburgers. The 2,001st burger is represented by 2.001! Exact cost of 2,001st burger = $ C(x) = 14000+600x - 20x². Use marginal cost to approximate the cost of producing the 2001st burger. Approx. cost of 2001st burger = $
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps

Blurred answer
Recommended textbooks for you
Calculus: Early Transcendentals
Calculus: Early Transcendentals
Calculus
ISBN:
9781285741550
Author:
James Stewart
Publisher:
Cengage Learning
Thomas' Calculus (14th Edition)
Thomas' Calculus (14th Edition)
Calculus
ISBN:
9780134438986
Author:
Joel R. Hass, Christopher E. Heil, Maurice D. Weir
Publisher:
PEARSON
Calculus: Early Transcendentals (3rd Edition)
Calculus: Early Transcendentals (3rd Edition)
Calculus
ISBN:
9780134763644
Author:
William L. Briggs, Lyle Cochran, Bernard Gillett, Eric Schulz
Publisher:
PEARSON
Calculus: Early Transcendentals
Calculus: Early Transcendentals
Calculus
ISBN:
9781319050740
Author:
Jon Rogawski, Colin Adams, Robert Franzosa
Publisher:
W. H. Freeman
Precalculus
Precalculus
Calculus
ISBN:
9780135189405
Author:
Michael Sullivan
Publisher:
PEARSON
Calculus: Early Transcendental Functions
Calculus: Early Transcendental Functions
Calculus
ISBN:
9781337552516
Author:
Ron Larson, Bruce H. Edwards
Publisher:
Cengage Learning