Answered step by step
Verified Expert Solution
Link Copied!

Question

...
1 Approved Answer

6 A record club has found that the marginal profit, P'(x), in cents, is given by P'(x) = -0.0008x3 + 0.34x + 57.8x for

image text in transcribed

6 A record club has found that the marginal profit, P'(x), in cents, is given by P'(x) = -0.0008x3 + 0.34x + 57.8x for x 400, where x is the number of members currently enrolled in the club. Approximate the total profit when 240 members are enrolled by computing the sum P' (x)) Ax with Ax=40. i=1 The total profit when 240 members are enrolled is approximately $ (Round to the nearest cent as needed.) 28,000- 22,400- 16,800- (x)=-0.0008x3 +0.34x+57.8x Marginal profit (in cents) 11,200- 5,600- NV VI 100 200 300 400 Number of members

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting

Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider

28th Edition

9781337902687

Students also viewed these Mathematics questions