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The profit, in thousands of dollars, from the sale of x thousand candles can be estimated by P(x)=3x-0.7x In x. Complete parts (a) through
The profit, in thousands of dollars, from the sale of x thousand candles can be estimated by P(x)=3x-0.7x In x. Complete parts (a) through (c). a) Find the marginal profit, P'(x). P'(x) = b) Find P'(22), and explain what this number represents. P'(22)= (Type an integer or decimal rounded to the nearest thousandth as needed.) What does P'(22) represent? OA. The additional profit, in thousands of dollars, when 22,000 candles are sold. OB. The additional profit, in thousands of dollars, for selling a thousand candles once 22,000 candles have already been sold. OC. The additional cost, in thousands of dollars, to produce 22,000 candles. OD. The additional cost, in thousands of dollars, to produce a thousand candles once 22,000 candles have already been sold. c) How many thousands of candles should be sold to maximize profit? (Type an integer or decimal rounded to the nearest thousandth as needed.)
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