Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The total cost in dollars to produce q units of a product is C(q). Fixed costs are $20,000. The marginal cost is C(q)=0.008q2-q+61. Round your

The total cost in dollars to produce q units of a product is C(q). Fixed costs are $20,000. The marginal cost is

C(q)=0.008q2-q+61.

Round your answers to two decimal places. (a) Find C(140), the total cost to produce 140 units.

The total cost to produce 140 units is $ --------

(b) Find the value of C(140).

C(140)= $ --------

(c) Use parts (a) and (b) to estimate C(141).

C(141)= $ ---------

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Applied Calculus

Authors: Deborah Hughes Hallett, Patti Frazer Lock, Andrew M. Gleason, Daniel E. Flath, Sheldon P. Gordon, David O. Lomen, David Lovelock, William G. McCallum, Brad G. Osgood, Andrew Pasquale

6th Edition

1119275563, 9781119275565

More Books

Students also viewed these Mathematics questions

Question

Using a 4-bit CLA as the building block, design an 8-bit adder.

Answered: 1 week ago

Question

Define psychology and cite its four major goals.

Answered: 1 week ago