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Suppose that the cost function for a product is given by C(x) = 0.002x + 5x + 6,084. Find the production level (that is, the
Suppose that the cost function for a product is given by C(x) = 0.002x + 5x + 6,084. Find the production level (that is, the value of x) that will produce the minimum average cal per west fly The production level that produces the minimum average cost per unit is x = (Round to the nearest whole number as needed.)K Find the elasticity of demand (E) for the given demand function at the indicated values of p. Is the demand elastic, inelastic, or neither at the indicated values? q = 403 - 0.3p a. $22 b. $36 a. E = (Type an integer or decimal rounded to the nearest thousandth as needed.) a. The demand is b. E= (Type an integer or decimal rounded to the nearest thousandth as needed.) b. The demand isFind the rate of change of total revenue, cost, and profit with respect to time. Assume that R(x) and C(x) are in dollars. R(x) = 60x - 0.5x , C(x) = 6x +5, when x = 40 and dx dt = 15 units per day The rate of change of total revenue is $ per day. The rate of change of total cost is $ per day. The rate of change of total profit is $ per dayQuestion 9 of 1 Find dy for the given values of x and Ax. y=x - 6X2+ 8; X= 1; 4x = - 0.3 What is the derivative of y? dy dx Find dy. dy = (Type an integer or decimal rounded to the nearest tenth as needed.)The demand for grass seed (in thousands of pounds) at price p dollars is given by the following function. D(P) = -3p -2p2+ 1500 Use the differential to approximate the changes in demand for the following changes in p. a. $2 to $2.10 b. $6 to $6.18 a. The change in demand based on a change in p from $2 to $2.10 is about thousand pounds. (Type an integer or a decimal.) b. The change in demand based on a change in p from $6 to $6.18 is about thousand pounds. (Type an integer or a decimal.)
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