Cummings Carter
05/17/2024 · Primary School

1. A company has to spend \( \$ 20,000 \) in order to properly run. Additionally, this company has costs of \( \$ 6 \) per product for the first 5,000 produced units. If the company produces more than 5,000 units, the additional production cost for a unit is \( \$ 4 \). Find the production cost function \( p(x) \) for \( x \) units, and find the following values if they exist: \[ \lim _{x \rightarrow 5,000^{-}} p(x), \lim _{x \rightarrow 5,000^{+}} p(x), \lim _{x \rightarrow 5,000} p(x) \]

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The production cost function \( p(x) \) is: \[ p(x) = \begin{cases} 20000 + 6x & \text{if } x \leq 5000 \\ 4x + 30000 & \text{if } x > 5000 \end{cases} \] The limits are: \[ \lim_{x \to 5000^{-}} p(x) = 50000, \quad \lim_{x \to 5000^{+}} p(x) = 50000, \quad \lim_{x \to 5000} p(x) = 50000 \]

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