Finite Math and Applied Calculus (6th Edition)

Published by Brooks Cole
ISBN 10: 1133607705
ISBN 13: 978-1-13360-770-0

Chapter 10 - Section 10.5 - Derivatives: Numerical and Graphical Viewpoints - Exercises - Page 751: 10

Answer

$\$ 6.00$ per item

Work Step by Step

We can calculate an approximate value of $f^{\prime}(a)$ by using the formula $f^{\prime}(a)\displaystyle \approx\frac{f(a+h)-f(a)}{h}$ Rate of change over $[a,\ a+h]$ with a small value of $h$. The units of $f^{\prime}(a)$ are the same as the units of the average rate of change: units of $f$ per unit of $x$. ---------------- We build a table with values for h: $10$ and $1$, and values for $\displaystyle \frac{C(10000+h)-C(10000)}{h}$ (average rate of change over $[10000, 10000+h]$). The average rates seem to approach the value $6.00$, (the additional table with smaller values for h confirms this estimate) so our estimate for $C^{\prime}(10,000)$ (instantaneous rate) is $\$ 6.00$ per item
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