Question
A manufacturer of microcomputers estimates that 't' months from now it will sell 'x' thousand units of its main line of microcomputers per month, where
A manufacturer of microcomputers estimates that 't' months from now it will sell 'x' thousand units of its main line of microcomputers per month, where x = 0.05t 2 + 2t + 5. The profit P from manufacturing and selling 'x' thousand units is estimated to be P = 0.001x 2 + 0.1x - 0.25 million dollars.
Calculate the rate at which the profit will be increasing 5 months from now.
O $331250 per month
O $2210000 per month
O none of the given options
O $110000 per month
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An Introduction to the Mathematics of financial Derivatives
Authors: Salih N. Neftci
2nd Edition
978-0125153928, 9780080478647, 125153929, 978-0123846822
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