Ask Question
11 January, 07:18

The function C (x) = 600x - 0.3x2 represents total costs for a company to produce a product, where C is the total cost in dollars and x is the number of units sold.

+2
Answers (1)
  1. 11 January, 08:21
    0
    C (x) = 600x-0.3x²

    1) we calculate the first derivative

    C' (x) = 600-0.6x

    2) We math the firts derivative to 0; and we find out the value of "x"

    600-0.6x=0

    -0.6x=-600

    x=-600/-0.6

    x=1000

    3) we calculate the second derivative:

    C'' (x) = - 0.6; because - 0.6>0; we have a maximun at x=1000.

    4) We find out the maximum cost.

    C (1000) = 600 (1000) - 0.3 (1000) ²

    C (1000) = 600000-300000

    C (1000) = 300000

    Answer: the maximum cost is $300000
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The function C (x) = 600x - 0.3x2 represents total costs for a company to produce a product, where C is the total cost in dollars and x is ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers