Calculus 8th Edition

Published by Cengage
ISBN 10: 1285740629
ISBN 13: 978-1-28574-062-1

Chapter 2 - Derivatives - 2.1 Derivatives and Rates of Change - 2.1 Exercises - Page 116: 53

Answer

(a) The rate at which the cost is changing per ounce of gold produced; dollars per ounce (b) When the 800th ounce of gold is produced, the cost of production is $17/oz. (c) Decrease in the short term; increase in the long term

Work Step by Step

(a) The rate at which the cost is changing per ounce of gold produced; dollars per ounce (b) When the 800th ounce of gold is produced, the cost of production is $17/oz. (c) Decrease in the short term; increase in the long term
Update this answer!

You can help us out by revising, improving and updating this answer.

Update this answer

After you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.