Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

7 - Help me please I don't understand Suppose that the total profit in hundreds of dollars from selling x items is given by P(x)

7 - Help me please I don't understand

image text in transcribed
Suppose that the total profit in hundreds of dollars from selling x items is given by P(x) = 2x - 5x + 5. Complete parts a through d below. a. Find the average rate of change of profit as x changes from 2 to 4. per item b. Find the average rate of change of profit as x changes from 2 to 3. per item c. Find and interpret the instantaneous rate of change of profit with respect to the number of items produced when x = 2. (This number is called the marginal profit at x = 2.) $ per item What does this result mean? Choose the correct answer below. O A. When items are sold for $ , the profit is increasing at the rate of $2 per item. O B. When items are sold for $ , the profit is decreasing at the rate of $2 per item. O C. When 2 items are sold, the profit is increasing at the rate of $ per item. O D. When 2 items are sold, the profit is decreasing at the rate of $ per item. d. Find the marginal profit at x = 4. $ per item

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

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

Algebra (subscription)

Authors: Elayn Martin Gay

6th Edition

0135176301, 9780135176306

More Books

Students also viewed these Mathematics questions

Question

Why can't car dealerships simply keep paying based on past systems?

Answered: 1 week ago