Problem

Microeconomics—Manufacturing Cost: From past data analysis, the LaRoche Raincoat Company f...

Microeconomics—Manufacturing Cost: From past data analysis, the LaRoche Raincoat Company finds that the manufacturing cost for their Jeffery coat can be modeled by

where x represents the number of coats produced and C(x) represents the cost in dollars.

(a) Determine C′(x).
(b) Evaluate C (300) and C′(300) and interpret each.

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Solutions For Problems in Chapter 3.1

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