Example:The total profit (in dollars) from the sale of $ x $ cameras is given by the function:\[ P(x) = 12x + \frac{x^2}{50} - 1000 \]Tasks:a) Find the average profit.b) Determine the marginal average profit.c) Calculate the marginal average profit at a production level of 200 units.

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Answered: Example: The total profit (in collars)…

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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Example: The total profit (in collars) from the Sale of. Cameras is P(x)=12x + 50-1000 Find. @the average profit: Ⓒthe The marginal average profit: the marginal average profit at a production of 200 units: