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Suppose P ( x ) represents the profit on the sale of x Blu-ray discs. If P (1,000) = 1,000 and P' (1,000) = 2

Suppose P(x) represents the profit on the sale of x Blu-ray discs. If

P(1,000) = 1,000 and P'(1,000) = 2 what do these values tell you about the profit?

P(1,000) represents the profit on the sale of ______ blu ray discs. P(1,000) = 1,000, so the profit on the sale of ______ blu ray discs is $_____. P'(x) represents the _______ [select one; marginal revenue, marginal cost, profit, rate of change of the profit] as a function of x. P'(1,000) = 2, so the profit is decreasing at the rate of $_______ per additional Blu-ray disc sold.

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