
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN: 9780134463216
Author: Robert F. Blitzer
Publisher: PEARSON
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Transcribed Image Text:The cost C (in dollars) of producing x units of a
Lithium battery-powered drill is given by
C(x) = 1200 + 0.06x + 0.04x².
1. Find the marginal cost function.
2. Estimate how fast the cost is increasing if
the company produces 100 drills.
3. If the drill sells for $120.00, write the
revenue function.
4. Write the profit function and compute the
marginal profit if 100 drills are produced
and sold.
5. How many drills should the company
produce in order to maximize their profits?
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