What is the rate of change of profit in Problem 49 at x=20? Data from problem 49

Question:

What is the rate of change of profit in Problem 49 at x=20?

Data from problem 49

Suppose the profit, $P$, measured in thousands of dollars, for a manufacturer is a function of the number of units produced, $x$, and behaves according to the model

\[P(x)=50 x-x^{2}\]

Also suppose that the present production is 20 units. What is the per-unit increase in profit if production is increased from 20 to 30 units?

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

Step by Step Answer:

Related Book For book-img-for-question

Nature Of Mathematics

ISBN: 9781133947257

13th Edition

Authors: Karl J. Smith

See More Books

Question Posted: Feb 08, 2024 09:40 AM

See More Questions

CoursHeroTranscribedText: A 5-year loan in the amount of $48,000 is to be repaid in equal annual payments. What is the remaining principal balance after the third payment if the interest rate is 5...
Mr. Anza Budah is the owner of Anzero Enterprises. The business specializes in buying and selling bottles of Mphezu fruit juice Just Mphezu juice. Anzero Enterprises accounts for inventory using...
Exhibit 11-3 Aggregate demand and supply model Price level (CPI) 250 200 150 125 100 0 m AS E AD Full employment AD 8.0 8.5 9.0 9.5 10.0 10.5 Real GDP (trillions of dollars per year)
How to find the expected utility of profit under each alternative crop Table 1. Annual Returns to Cropping Alternatives ($ profit / acre) Outcome Worst Bad OK Good Great Probability 0.1 0.2 0.4 0.2...
What is the explanation for a striated bedrock outcrop in a glaciated area, with two distinct sets of striations, one set oriented north-south and the other oriented east-west?
7. When should investors consider making an election to amortize the market discount on a bond into income annually? [Hint: See 1278(b).]
A firm experienced abnormal scrap and collected data to see which parts were causing the problem with the following results: part A$5720, part B$10,250, Part C$820, Part D$1130, Part F$700. Complete...
A contract calls for a lump-sum payment of $15,000. Find the present value of the contract, assuming that (1) The payment is due in five years and the current interest rate is 9 percent; (2) The...
REturn on total assets Return on Total Assets A company reports the following income statement and balance sheet information for the current year: Determine the return on total assets. If required,...
Find the limit (if it exists) as $n ightarrow \infty$ for each of the sequences in Problems 43-56. $\lim _{n ightarrow \infty} \frac{15+9 n-6 n^{2}}{2 n^{2}-4 n+1}$
Consider the graph of $y=x^{2}$ bounded by the $x$-axis and the line $x=2$. Approximate the area under the curve by using rectangles and right endpoints as described in Problems 47-52....
The data in Exercise 2.174. Use technology to find the correlation for the data indicated. Data From Exercise 2.174: Make a scatterplot of the data. Put the $X$ variable on the horizontal axis and...
Companies that engage international business do so in pursuit of a broad range of goals. Nonetheless, the text identifies key drivers, noting that the typical company expands operations...
How do lifestyle changes, such as urbanization or an aging population, affect consumer needs and preferences in our industry?
Verify that the following general thermodynamic property relationships are valid for the specific case of an ideal gas: (a) T = au (b) P = -9) av
Performance management systems that do not make true contribution to the organizational goals are not true performance management systems. List and describe at least five contributions a good...
How do cognitive biases, such as confirmation bias and anchoring, influence strategic decision-making processes at the executive level, and what measures can be implemented to mitigate their impact ?
Consider an economy that consists of three individuals: Maureen (M), David (D), and Suvarna (S). Two goods are available in the economy, x and y. The marginal rates of substitution for the three...
What are the key elements of a system investigation report?
A commercial laundry runs a dryer that has an exit flow of 1 lbm/s moist air at 120 F, 70% relative humidity. To reduce the heating cost, a counter flow stack heat exchanger is used to heat the...
Repeat the previous problem using variable specific heats. Data from previous problem A flow of 1 lbm/s argon at 540 R and another flow of 1 lbm/s carbon dioxide at 2800 R, both at 20 psia, are mixed...
A moist air flow of 5 kg/min at 30C, = 60%, 100 kPa goes through a dehumidifier in the setup shown in Problem 11.107. The air is cooled down to 15Cand then blown over the condenser. The...
Chapter o Homew ebook 50,000-unit production quantity: $ 227,049 7 70,000-unit production quantity: $ 66,751 d. In addition to mean profit, what other factors should FTC consider in determining a...
Diamond makes downhill ski equipment. Assume that comic has offered to produce ski poles for Diamond for $20 per pair Diamond needs 200,000 pairs of poles per period Diamond can only avoid 5150,000...
17? Which of the following statement is true Select one: a. All evidence must have the same level of reliability b. All evidence must have the same level of persuasiveness C. All are false d....

What is the rate of change of profit in Problem 49 at x=20? Data from problem 49

Question:

Step by Step Answer:

To find the rate of change of profit at a certain point we need to take the der...View the full answer

Nature Of Mathematics

Students also viewed these Sciences questions