Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. calculus
  3. suppose that the monthly cost in dollars of produc

Suppose that the monthly cost in dollars of producing x chairs is C x 0...

60.1K

Verified Solution

Question

Calculus

image

Suppose that the monthly cost in dollars of producing x chairs is C x 0 007x3 0 07x 2 19x 700 and currently 40 chairs are produced monthly a What is the current monthly cost b What is the marginal cost when x 40 c Use the result from part b to estimate the monthly cost of increasing production to 42 chairs per month d What would be the actual additional monthly cost of increasing production to 42 chairs monthly a The current monthly cost is Round to the nearest cent as needed b The marginal cost when x 40 is per item Round to the nearest cent as needed c Use the result from part b to estimate the monthly cost of increasing production to 42 chairs per month The monthly cost in increasing production to 42 chairs monthly is Round to the nearest cent as needed d The actual additional monthly cost of increasing production to 42 chairs monthly is Round to the nearest cent as needed

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Calculus
1.2K views

Use the Divergence Theorem to compute the net outward flux of the vector field F...

Finance
1.2K views

Sarah secured a bank loan of $185,000 for the purchase of a house. The mortgage is...

Accounting
1.2K views

QUESTION 1 Wisliv Ltd was incorporated on the 01/06/16. The opening balance sheet of the company was...

Biology
1.2K views

Alternative RNA splicing RNAI Transcription factors Enhancers QUESTION 6 Imagine that you a

Biology
1.2K views

What is the TMRCA time of most recent common ancestor for all mitochondrial genomes for...

Physics
1.2K views

A particle A of mass kg is moving in the positive x direction Its initial...

Algebra
1.2K views

11 Given the function f x 2x 8x 15 find the axis of symmetry and...

Accounting
1.2K views

42) & 43) Apple Corp distributes a piece of equipment to Sarah, its 100% shareholder....

Accounting
1.2K views

Dave Brown's cumulative earnings are $90,000, and his gross pay for the week is $6,400....

Accounting
1.2K views

i want answers 6, 7 & 8 Question...

Accounting
1.2K views

Compute BMXs amounts for each of these four taxes as applied to the employees gross...

Accounting
1.2K views

A business purchases equipment costing $5,500. They pay $1,500 right away and charge the remaining...