Find the marginal profit function if cost and revenue are given by C(x) = 290 +0.9x and R(x) = 3x -0.09x P'(x) =
Find the marginal profit function if cost and revenue are given by C(x) = 290 +0.9x and R(x) = 3x -0.09x P'(x) =
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Step 1
The cost function is given by C(x)=290+0.9x
The revenue function is given by .
The formula for calculating the marginal profit function is given by
So,
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