An appliance company can sell x refrigerators at a price of p(x) = -0.02x + 500 dollars per refrigerator. The cost of manufacturing x refrigerators is given by C(x) = 300x + 6000 dollars. Find the rate of change of profit when 1500 refrigerators are produced. (The profit can be found by multiplying the price per refrigerator by the number of refrigerators sold then subtracting the cost from the price.) Provide your answer below: dollars per refrigerator

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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An appliance company can sell x refrigerators at a price of p(x) = -0.02x + 500 dollars per refrigerator. The cost of
manufacturing x refrigerators is given by C(x) = 300x + 6000 dollars. Find the rate of change of profit when 1500
refrigerators are produced.
(The profit can be found by multiplying the price per refrigerator by the number of refrigerators sold then subtracting the
cost from the price.)
Provide your answer below:
dollars per refrigerator
Transcribed Image Text:An appliance company can sell x refrigerators at a price of p(x) = -0.02x + 500 dollars per refrigerator. The cost of manufacturing x refrigerators is given by C(x) = 300x + 6000 dollars. Find the rate of change of profit when 1500 refrigerators are produced. (The profit can be found by multiplying the price per refrigerator by the number of refrigerators sold then subtracting the cost from the price.) Provide your answer below: dollars per refrigerator
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