Mathematics, 04.02.2021 19:30 PatrickHB
A manufacturer of widgets finds that the production cost, C, in dollars per unit is a function of the number of widgets produced. The selling price, S, of each widget in dollars is a function of the production cost per unit.
C(x) = –0.1x2 + 100
S(C) = 1.4C
What is the selling price per widget as a function of the number of widgets produced, and what should the selling price be if 15 widgets are produced?
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