Answered step by step
Verified Expert Solution
Question
1 Approved Answer
3 A record club has found that the marginal profit, P'(x), in cents, is given by P'(x) = -0.0007x+0.31x + 50.7x for x=400, where
3 A record club has found that the marginal profit, P'(x), in cents, is given by P'(x) = -0.0007x+0.31x + 50.7x for x=400, where x is the number of members currently enrolled in the club. Approximate the total profit when 240 6 members are enrolled by computing the sum P'(x) Ax with Ax = 40. i=1 Marginal profit (in cents) AP(x)=-0.0007x+0.31x+50.7x 26.000- 20.800- 15.600- 10.400- 5.200 The total profit when 240 members are enrolled is approximately $ (Round to the nearest cent as needed) INVV 0- 0 100 200 300 Number of members
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started