The total profit (in dollars) from the sale of x skateboards is P(x) = 30x - 0.3x2

Question:

The total profit (in dollars) from the sale of x skateboards is

P(x) = 30x - 0.3x2 - 250 0 ≤ x ≤ 100

(A) Find the exact profit from the sale of the 26th skateboard.

(B) Use marginal profit to approximate the profit from the sale of the 26th skateboard.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

College Mathematics For Business Economics, Life Sciences, And Social Sciences

ISBN: 978-0134674148

14th Edition

Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker

See More Books

Question Posted: Apr 05, 2022 11:39 PM

See More Questions

The total profit (in dollars) from the sale of x calendars is P(x) = 22x - 0.2x2- 400 0 x 100 (A) Find the exact profit from the sale of the 41st calendar. (B) Use the marginal profit to...
The total profit (in dollars) from the sale of x cameras is P(x) = 12x - 0.02x2 - 1,000 0 x 600 Evaluate the marginal profit at the given values of x, and interpret the results. (A) x = 200 (B) x =...
The total profit (in dollars) from the sale of x gas grills is P(x) = 20x - 0.02x2 - 320 0 x 1,000 (A) Find the average profit per grill if 40 grills are produced. (B) Find the marginal average...
Let v = (2, 5) and w = (3, 2). Find the length of v + w.
Does economic theory prove that the free market system is best? Why?
Spencer Kars provides shuttle service between four hotels near a medical center and an international airport. Spencer Kars uses two 10-passenger vans to offer 12 round trips per day. A recent month's...
From the following information, calculate the amount of sales to earn a profit of Rs. 50,000 : Rs. Sales 4,00,000 Less: Variable Cost 3,00,000 Contribution 1,00,000 Less: Fixed Cost 25,000 Net Profit...
Hatch Manufacturing produces multiple machine parts. The theoretical cycle time for one of its products is 65 minutes per unit. The budgeted conversion costs for the manufacturing cell dedicated to...
El 1 de enero de 2020, Franklin Company compr equipo por $320,000. Se estima que el equipo tiene un valor residual de 20.000 dlares y se deprecia en cinco aos utilizando el mtodo de los dgitos del...
Shalit Corporations 2008 sales were $12 million. Its 2003 sales were $6 million. a. At what rate have sales been growing? b. Suppose someone made this statement: Sales doubled in 5 years. This...
For a company that manufactures tennis rackets, the average cost per racket C is where x is the number of rackets produced per hour. What will the approximate change in average cost per racket be if...
In Problem find the indicated quantities for y = f(x) = x 2 + x. y and dy for x = 1, x = dx = 0.2.
Where would the information about earnings per share be disclosed?
3. Two companies (A and B) are duopolists that produce identical products. Demand for the products is given by the following demand function: P = 10,000 QA- QB - where QA and QB are the quantities...
Consider the following initial-value problem. f'(x) = 2ex - 6x; f(0) = 4 Integrate the function f'(x). (Remember the constant of integration.) || | f'(x)dx = Find the value of C using the condition...
The value chain is based on primary activities logstica Operations External logistics Marketing and sales Service and are complemented by support activities Company infrastructure is what it is,...
On average, both arms and hands together account for 13% of a person's mass, while the head is 7.0% and the trunk and legs account for 80%. We can model a spinning skater with her arms outstretched...
8. Look at the image to the right. Using the Law of Force and Acceleration, predict how acceleration would change if you changed the mass of the boy. 9. Using the same picture from #8, discuss how...
A statement of cash flows is of limited use as a business needs to know if it will have sufficient cash to support its planned future activities. Discuss the merit of this statement focusing on both...
Write the given system without the use of matrices. D) - ()- d (x sin t + 8 (2+ 1)
Refer to Exercise 7.49. a. Determine the distribution of X + Y. b. Determine the mean and variance of X + Y. c. Does your answer to part (b) equal the answer to Exercise 7.49? In exercise 7.49 The...
Refer to Exercise 7.49. Compute the covariance and the coefficient of correlation. In exercise 7.49 The bivariate distribution of X and Y is described here. a. Find the marginal probability...
Refer to Exercise 7.49. Use the laws of expected value and variance of the sum of two variables to compute the mean and variance of X + Y . In exercise 7.49 The bivariate distribution of X and Y is...
All of the following are included on Form 1040, page 1, EXCEPT: The determination of filing status. The Presidential Election Campaign check box. The income section. The paid preparer signature line.
Question One: (25 marks) (X) Inc. purchased 80% of the outstanding voting shares of (Y) for $360,000 on July 1, 2017. On that date, (Y) had common shares and retained earnings worth $180,000 and...
Regarding Enron, this was a company that resulted in the creation of the Sarbanes-Oxley Act and many reforms to the accounting profession. Research the company and answer the following...

The total profit (in dollars) from the sale of x skateboards is P(x) = 30x - 0.3x2

Question:

Step by Step Answer:

Px 30x 03x 2 250 Ans A x26 P26 3...View the full answer

College Mathematics For Business Economics, Life Sciences, And Social Sciences

Students also viewed these Mathematics questions