1. A company models the cost of producing x hundred units of a product using the function C, where C(x) represents the total cost in thousands of dollars. Selected values of C(x) are given in the table below. The function R is given by , where R(x) represents the revenue in thousands of dollars from selling x hundred units, for appropriate values of x.
0 | 12.0 |
1 | 10.5 |
2 | 11.0 |
3 | 13.5 |
4 | 18.0 |
5 | 24.5 |
Use the data in the table to find the average rate of change of C over the interval . Using correct units, interpret the meaning of your answer in the context of the problem. Then, using the average rates of change over and , determine whether C is concave up or concave down over the interval . Justify your answer.
Rewrite by factoring the numerator and denominator completely. Use the result to identify all zeros, vertical asymptotes, and holes of R. For each feature, give the x-value and explain how you determined it from the factored form.
Determine the end behavior of R as x increases without bound and as x decreases without bound. Express each answer using the mathematical notation of a limit. Justify your answers by performing polynomial long division on and using the result to describe what value, if any, R approaches.
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