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The profit (in dollars) from the sale of x lawn mowers is P(x)=40x0.04x2350. (A) Find the average profit per mower if 20 mowers are produced.(B)
The profit (in dollars) from the sale of x lawn mowers is
P(x)=40x0.04x2350.
(A) Find the average profit per mower if
20
mowers are produced.(B) Find the marginal average profit at a production level of
20
mowers, and interpret the results.(C) Use the results from parts (A) and (B) to estimate the average profit per mower if
21
mowers are produced.
The prot (in dollars) from the sale of x lawn mowers is P(x) =40x - 0.04x2 - 350. (A) Find the average prot per mower if 20 mowers are produced. (B) Find the marginal average prot at a production level of 20 mowers, and interpret the results. (C) Use the results from parts (A) and (B) to estimate the average prot per mower if 21 mowers are produced. E> (A) If 20 mowers are produced, the average prot per mower is $|:|. (Round to the nearest cent as needed.) (B) The marginal average prot at a production level of 20 units is $D per mower. (Round to the nearest cent as needed.) Choose the correct interpretation of R'(20) = $0.84 per mower. O A. At a production level of 20 mowers the average prot is $0.84 per mower. O B. At a production level of 20 mowers a unit increase in production will increase the total prot by $0.84 per mower. O c_ At a production level of 20 mowers the average prot is increasing at a rate of $0.84 per mower. (C) Using parts (A) and (B), the estimate of the average prot per mower if 21 mowers are produced is $D. (Round to the nearest cent as needed.)Step by Step Solution
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