When a company produces and sells x thousand units per week, its total weekly profit is P
Question:
When a company produces and sells x thousand units per week, its total weekly profit is P thousand dollars, where
The production level at t weeks from the present is x = 4 + 2t.
(a) Find the marginal profit, dP/dx.
(b) Find the time rate of change of profit, dP/dt.
(c) How fast (with respect to time) are profits changing when t = 8?
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Related Book For
Calculus And Its Applications
ISBN: 9780134437774
14th Edition
Authors: Larry Goldstein, David Lay, David Schneider, Nakhle Asmar
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