Answered step by step
Verified Expert Solution
Question
1 Approved Answer
C(x)=360+0.10x+0.002x2dollars. (a) Calculate the marginal revenue R(x) and profit P(x) functions. R(x)=P(x)= (b) Compute the revenue and profit, and also the marginal revenue and profit,
C(x)=360+0.10x+0.002x2dollars. (a) Calculate the marginal revenue R(x) and profit P(x) functions. R(x)=P(x)= (b) Compute the revenue and profit, and also the marginal revenue and profit, if you have produced and sold 200 servings of pasta (in $ ). \begin{tabular}{|c|c|c|} \hline revenu & $ & \\ \hline profit & & \\ \hline marginal revenue & $ & per additional plate \\ \hline marginal profit & $ & per additional plate \\ \hline \end{tabular} Interpret the results. The approximate fromthesaleofthe201stplateofpastais$ (c) For which value of x is the marginal profit zero? ]plates Interpret your answer. The graph of the profit function is a parabola with a vertex at x= , so the loss is at a minimum when you produce and sell plates. [/5 Points] WANEAC7 4.2.015. Suppose P(x) represents the profit on the sale of x Blu-ray discs. If P(1,000)=9,000 and P(1,000)=2, what do these values tell you about the profit? decreasing at the rate of $ per additional Blu-ray disc sold
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