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Suppose P(x) represents the profit on the sale of x Blu-ray discs. If  P(1,000) = 4,000  and  P'(1,000) = −6,  what do these values tell you about the profit? P(1,000) represents the profit on the sale of  Blu-ray discs.  P(1,000) = 4,000,  so the profit on the sale of  Blu-ray discs is $  .  P'(x)  represents the       as a function of x.  P'(1,000) = −6,  so the profit is decreasing at the rate of $  per additional Blu-ray disc sold.

Suppose P(x) represents the profit on the sale of x Blu-ray discs. If  P(1,000) = 4,000  and  P'(1,000) = −6,  what do these values tell you about the profit? P(1,000) represents the profit on the sale of  Blu-ray discs.  P(1,000) = 4,000,  so the profit on the sale of  Blu-ray discs is $  .  P'(x)  represents the       as a function of x.  P'(1,000) = −6,  so the profit is decreasing at the rate of $  per additional Blu-ray disc sold.

Managerial Economics: A Problem Solving Approach
Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter4: Extent (how Much) Decisions
Section: Chapter Questions
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11.2

Suppose P(x) represents the profit on the sale of x Blu-ray discs. If 
P(1,000) = 4,000
 and 
P'(1,000) = −6,
 what do these values tell you about the profit?
P(1,000) represents the profit on the sale of  Blu-ray discs. 
P(1,000) = 4,000,
 so the profit on the sale of  Blu-ray discs is $  . 
P'(x)
 represents the       as a function of x. 
P'(1,000) = −6,
 so the profit is decreasing at the rate of $  per additional Blu-ray disc sold.
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