Question #2000961: Derivatives: General Problems

Question: A firm’s total cost of producing q units is \(C\left( q \right)=4{{q}^{3}}-3{{q}^{2}}+8q+260\).

The current level of production is four units. Using incremental change (also called the differential), estimate the amount by which the total cost will change as a result of increasing production by 1/8 unit.

Solution: The solution consists of 77 words (1 page)
Deliverables: Word Document

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