The clothing manufacturing company extimates that profit is modeled by thefunction P(x) = 0.002x³ + 100x, where x is units of garments produced. What is marginalprofit (profit per item), in dollars, for 50 units.a) $115Ob) $15O c) $5250d) $250

To find marginal profit , differentiate P(x) .

Answered: The clothing manufacturing company…

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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The cost C and revenue R functions (in dollars) for producing and selling x units of a product are c=34.5x+15000 and r=69.9x A.) Find the average profit function, p=r-c/x B.) Find the average profit using the formula in the previous question when x is 1000. Enter your answer as a dollar amount rounded to two decimals. C.) What is the limit of the average profit function as x approaches infinity?

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The clothing manufacturing company extimates that profit is modeled by the function P(x) = 0.002x³ + 100x, where x is units of garments produced. What is marginal profit (profit per item), in dollars, for 50 units. a) $115 Ob) $15 Oc) $5250