The total profit (in dollars) from the sale of x gas grills is P(x) = 20x -
Question:
P(x) = 20x - 0.02x2 - 320 0 ≤ x ≤ 1,000
(A) Find the average profit per grill if 40 grills are produced.
(B) Find the marginal average profit at a production level of 40 grills and interpret the results.
(C) Use the results from parts (A) and (B) to estimate the average profit per grill if 41 grills are produced.
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Related Book For
College Mathematics for Business Economics Life Sciences and Social Sciences
ISBN: 978-0321614001
12th edition
Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen
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