Suppose that for a company manufacturing calculators, the cost, revenue, and profit equations are given by x² 20' C = 90,000 + 40x, R=200x- where the production output in 1 week is x calculators. If production is increasing at a rate of 400 calculators per week when production output is 6,000 calculators. Find the rate of increase (decrease) in cost, revenue, and profit. A) Costs are increasing at the rate of $ (Simplify your answer.) B) Revenue is (Simplify your answer.) C) Profits are (Simplify your answer.) at the rate of $ P=R-C at the rate of $ per week at this production level. per week at this production level. per week at this production level.
Suppose that for a company manufacturing calculators, the cost, revenue, and profit equations are given by x² 20' C = 90,000 + 40x, R=200x- where the production output in 1 week is x calculators. If production is increasing at a rate of 400 calculators per week when production output is 6,000 calculators. Find the rate of increase (decrease) in cost, revenue, and profit. A) Costs are increasing at the rate of $ (Simplify your answer.) B) Revenue is (Simplify your answer.) C) Profits are (Simplify your answer.) at the rate of $ P=R-C at the rate of $ per week at this production level. per week at this production level. per week at this production level.
Chapter4: Linear Functions
Section: Chapter Questions
Problem 9PT: Does Table 2 represent a linear function? If so, finda linear equation that models the data.
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Question
Transcribed Image Text:Suppose that for a company manufacturing calculators, the cost, revenue, and profit equations are given by
x²
20'
C = 90,000+ 40x, R=200x -
where the production output in 1 week is x calculators. If production is increasing at a rate of 400 calculators per week when production output is 6,000 calculators. Find the
rate of increase (decrease) in cost, revenue, and profit.
A) Costs are increasing at the rate of $
(Simplify your answer.)
B) Revenue is
(Simplify your answer.)
C) Profits are
(Simplify your answer.)
at the rate of $
P=R-C
at the rate of $
per week at this production level.
per week at this production level.
per week at this production level.
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