Calculus: Early Transcendentals
Calculus: Early Transcendentals
8th Edition
ISBN: 9781285741550
Author: James Stewart
Publisher: Cengage Learning
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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 = $
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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 = $
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