How can a number line be used to explain why 11.6 > 11.3
2 answers:
Answer:
We know that,
In the number line, the numbers from the left side to right side are arranged in increasing order,
When we find 11.6 and 11.3 on the number line,
We observed that,
11.6 is to the right of 11.3 on the number line
Therefore, by the above statement,
11.6 is greater than 11.3.
Hence, proved...
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Answer:
(a)$13
(b) Loss of $4
Step-by-step explanation:
C(q) represents Cost of producing q units.
R(q) represents Revenue generated from q units.
P(q) represents Total Profit made from producing q units.
Marginal analysis is concerned with estimating the effect on quantities such as cost, revenue, and profit when the level of production is changed by a unit amount. For example, if C(q) is the cost of producing q units of a certain commodity, then the marginal cost, MC(q), is the additional cost of producing one more unit and is given by the difference
MC(q) = C(q + 1) − C(q).
Using the estimation
C'(q)≈=C(q+1)-C(q)
We find out that MC(q)=C'(q)
We can therefore compute the marginal cost by the derivative C'(q).
This also holds for Revenue, R(q) and Profit, P(q).
(a) If C'(50)=75 and R'(50)=88
51st item.
P'(50)=R'(50)-C'(50)
=88-75=$13
The profit earned from the 51st item will be approximately $13.
(b) If C'(90)=71 and R'(90)=67, approximately how much profit is earned by the 91st item.
P'(90)=R'(90)-C'(90)
=67-71= -$4
The profit earned from the 91 st item will be approximately -$4.
There was a loss of $4.