A manufacturer determines that when x thousand units of a particular commodity are produced, the profit generated will be P(x) = -400x + 6,800x - 12,000 dollars. At what rate is profit changing with respect to the level of production x when 9,000 units are produced? 3-
A manufacturer determines that when x thousand units of a particular commodity are produced, the profit generated will be P(x) = -400x + 6,800x - 12,000 dollars. At what rate is profit changing with respect to the level of production x when 9,000 units are produced? 3-
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Transcribed Image Text:A manufacturer determines that when x thousand units of a particular commodity are produced, the profit
generated will be
3-
P(x) = -400x + 6,800x
12,000
%3D
dollars. At what rate is profit changing with respect to the level of production x when 9,000 units are
produced?

Transcribed Image Text:The
gross
after 2018.
domestic product (GDP) of a certain country was N(t) = t2 + 5t + 106 billion dollars t years
a.
At what rate was the GDP changing with respect to time in 2028?
b.
At what percentage rate was the GDP changing with respect to time in 2028?
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