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just find the answer our college newspaper. The Collegiate Investigator, sells for 90e per copy. The cost of producing copies of an edition is given
just find the answer
our college newspaper. The Collegiate Investigator, sells for 90e per copy. The cost of producing copies of an edition is given C(x)=40+0.10x+0.001x2dollars. (a) Calculate the marginal revenue R(x) and profit P(x) functions. HINT [See Example 2.] R(x)= P(x)= (b) Compute the revenue and profit, and also the marginal revenue and profit, if you have produced and sold 500 coples of the latest edition. revenue profit marginal revenue per additional copy maroinal profit per additional copy Interpret the results. The approximate from the sale of the 501st copy is $ (c) For which value of x is the marginal profit zero? x=1 copies Interpret your answer. The graph of the profit function is a parabola with a vertex at x= so the profit is at a maximum when you produce and sell copies Step by Step Solution
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