Mathematics, 15.01.2020 22:31 ashtonbillups
Suppose thatthe monthly cost, in dollars, of producing x chairs is c(x) =0.001x3 + 0.07x2 + 19x +700, and currently 25chairs are produced monthly.
a.)what isthe current monthly cost?
b.)whatwould be the additional cost of the increasing production to 26chairs monthly?
c.)what isthe marginal cost when x=25?
d.)usemarginal cost to estimate the difference in cost between producing25 and 27 chairs per month?
e.)use theanswer from part (d) to predict c(27).
Answers: 1
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Suppose thatthe monthly cost, in dollars, of producing x chairs is c(x) =0.001x3 + 0.07x2 + 19x +700...
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