Suppose that the total cost and the total revenue, in dollars, for producing sand the sale of
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Question:
Suppose that the total cost and the total revenue, in dollars, for producing sand the sale of x snow blowers are the following functions when 0 x 1,000 and:
C(x)=20x+210 R(x)=190x-0.2x2
a) Find the profit function P(x)=R(x)-C(x)
P(x)=
b) Find the marginal profit at a production level of 100 snow blowers.
c) Find the average profit per unit at a production level of 100 snow blowers.
d) Find the marginal average profit at a production level of 100 snow blowers.
e) Determine the exact cost of producing the 100th snow blower.
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