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The Audubon Society at Enormous State University ( ESU ) is planning its annual fund - raising Eatathon. The society will charge students $ 1

The Audubon Society at Enormous State University (ESU) is planning its annual fund-raising "Eatathon." The society will charge students
$1.10 per serving of pasta. The society estimates that the total cost of producing x servings of pasta at the event will be
C(x)=330+0.10x+0.002x2 dollars.
(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
$.
revenue $
profit $
marginal revenue ,$, per additional plate
marginal profit $, per additional plate
Interpret the results.
The approximate
from the sale of the 201st plate of pasta is $
(c) For which value of x is the marginal profit zero?
x=
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.
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