LRG G.
asked 10/22/22How do I know what values to enter into the appropriate variables?
The questions is "The owner of a clothing manufacturer finds that the total cost of producing 300 of a certain brand of shirts is $2,000, and the marginal cost when 300 shirts are produced is $15 per shirt. Using these numbers, the total cost of producing 302 shirts is approximately [BLANK]"
I'm know that I use the linear approximation L(x) = f(a) + f '(a) (x - a), but I'm not sure what each variable means or what goes to what.
1 Expert Answer
L(x) = f(300) + f'(300) (x-300) = 2000 + 15 * (302 -300) = $2030.
LRG G.
Thank you very much. I'm still not sure why the linear approximation is written the way it is or what it means. Could you please explain it to me please?10/22/22
Al Y.
10/22/22
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Mark M.
Do you have an example in your text and/or class notes?10/22/22