Referring to problem compute the increase in cost going, Ask an Expert

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Referring to Problem, compute the increase in cost going from a production level of 0 bikes per month to 600 bikes per month. Set up a definite integral and evaluate it.

Problem
A company manufactures mountain bikes. The research department produced the marginal cost function

C'(x) = (500 -( x/3 )) 0<=x<=900

where C'(x) is in dollars and x is the number of bikes produced per month. Compute the increase in cost going from a production level of 300 bikes per month to 900 bikes per month. Set up a definite integral and evaluate it.

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M92023996

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