(a) Determine the profit function. Include units! P(x) = = (b) Determine the marginal profit when x = 10. Include units! P'(10) =

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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 The demand equation for an appliance company is p = 200 − 2x, and the cost function is

where x represents the number of freezers sold, C(x) is measured in dollars, and the price p is in dollars per freezer.

(a) Determine the profit function. Include units!
P(x)
(b) Determine the marginal profit when x = 10. Include units!
P'(10) =
=
Transcribed Image Text:(a) Determine the profit function. Include units! P(x) (b) Determine the marginal profit when x = 10. Include units! P'(10) = =
C(x) = 800 + 70x − x², 0≤ x ≤ 80
-
Transcribed Image Text:C(x) = 800 + 70x − x², 0≤ x ≤ 80 -
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