Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Content / MATH 132-CO3 Busin x WeBWork : Math-132-Elashvili-f > *Dashboard LO C webwork.bridgew.edu/webwork2/Math-132-Elashvili-f23/quiz_mode/Exam_2/?effectiveUser=m5nunes 0 preview answers Remaining time: 01:13:04 Problem 6. (12 points) Suppose

image text in transcribed
image text in transcribed
Content / MATH 132-CO3 Busin x WeBWork : Math-132-Elashvili-f > *Dashboard LO C webwork.bridgew.edu/webwork2/Math-132-Elashvili-f23/quiz_mode/Exam_2/?effectiveUser=m5nunes 0 preview answers Remaining time: 01:13:04 Problem 6. (12 points) Suppose that a certain function P(x) gives the net profit in dollars due to selling a units. Suppose also that P(450) = 1000 and that P'(450) = 10. Determine if each of the following statements are true or false. Be able to provide an explanation for your answer. ? v 1. If P'(900) is negative, and if you are currently selling 900 units, you can know for sure that selling more units will increase the total profit ? 2. Selling 450 units results in a profit of 10 dollars. ? v 3. If P'(900) is positive, and if you are currently selling 900 units, you can know for sure that selling more units will increase the total profit ? 4. If P(900) is positive, and if you are currently selling 900 units, you can know for sure that selling more units will increase the total profit ? 5. If P'(900) = 0, and if you are currently selling 900 units, you can know for sure that selling more units will not change the total profit ? 6. When you are selling around 450 units, selling more units will change the total profit by 10 dollars for each additional unit. Note: You can earn 30% partial credit for 2 - 3 correct answers, and 60% partial credit for 4 - 5 correct answers. preview answers Problem 7. (16 points)

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

Precalculus Functions And Graphs

Authors: Mark Dugopolski

4th Edition

0321849124, 9780321849120

More Books

Students also viewed these Mathematics questions

Question

T F High-quality outputs can be produced from inferior inputs.

Answered: 1 week ago