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A manufacturer is making a special voltage small electronic battery. The total c

ID: 2868440 • Letter: A

Question

A manufacturer is making a special voltage small electronic battery.
The total cost, C, (in thousands of dollars) to make the batteries is
a function of the number of batteries made u (in thousands) and is given by

C(u)=0.0018?u2+0.11?u+360.

The manufacturer plans to charge wholesalers $2.70 per battery

A. What is the marginal profit at the production level of 324 thousand batteries?
________________ (nearest 0.01)

B. What is the marginal profit at the production level of 825 thousand batteries?
___________ (nearest 0.01)

C. At what production level will profit be maximized?
_______________thousand (nearest 1000)

Explanation / Answer

a. 20

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