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The profit ( P ) of a company is dependent on the amount of materials ( x ) produced, which can be expressed as:P =
The profit Pof a company is dependent on the amount of materials x produced, which can be expressed as:Pxxx where P is measured in $ Note that can be a non x integer. As a check, P whenx DO IN MATLAB a Use the NewtonRaphson method to determine the value of that results in a profit of $ Use an initial guess of and a precision of Provide your answer for the required value to decimal places as printed by MATLAB.
b Use the secant method to determine the minimum profit. Use initial guesses of and with a precision of Provide your answer for the root to decimal places as printed by MATLAB.
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