Suppose Mr. Slugworth produces chocolate bars and knows that the derivative of his cost function is given by"
C'(x)= -0.0001x+0.865
where x is the number of chocolate bars and C'(x) is the rate that his cost increases (in dollars per bar).
a. Compute C'(100) and explain what it means in terms of cost for Mr. Slugworth.
b. Estimate how much it costs Mr. Slugworth to produce his 500th chocolate bar.
c. Estimate how much it costs Mr. Slugworth to produce his 2000th chocolate bar.
d. Find a function C(x) that could represent Mr. Slugworth’s cost function by “undoing” the derivative.
e. Use your answer to part (d) and the fact that Mr. Slugworth’s fixed costs are $2500 to find his total cost to produce 500 chocolate bars.
f. Repeat part (e) to find the total cost of producing 2000 chocolate bars.
Consider