The marginal profit for a certain company is MP, (x) = - x? + 19x- 78. The company expects the daily production level to rise from x = 6 to x = 9 units. The management is considering a plan that would have the effect of changing the marginal profit to MP2 (x) = -x + 15x - 54. Should the company adopt the plan? Determine the area between the graphs of the two marginal profit functions from x = 6 to x = 9. Interpret this area in economic terms. Should the company adopt the plan that would make the marginal profit be MP2? O A. It is impossible to tell using the given information. B. No, because the company's profit will be smaller under the new plan. O C. Yes, because the company will make a larger profit under the new plan. The area between the graphs of the two marginal profit functions from x = 6 to x = 9 is sq. units.
The marginal profit for a certain company is MP, (x) = - x? + 19x- 78. The company expects the daily production level to rise from x = 6 to x = 9 units. The management is considering a plan that would have the effect of changing the marginal profit to MP2 (x) = -x + 15x - 54. Should the company adopt the plan? Determine the area between the graphs of the two marginal profit functions from x = 6 to x = 9. Interpret this area in economic terms. Should the company adopt the plan that would make the marginal profit be MP2? O A. It is impossible to tell using the given information. B. No, because the company's profit will be smaller under the new plan. O C. Yes, because the company will make a larger profit under the new plan. The area between the graphs of the two marginal profit functions from x = 6 to x = 9 is sq. units.
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 marginal profit for a certain company is MP, (x) = – x² + 19x - 78. The company expects the daily production level to rise from x = 6 to x = 9 units. The management is considering a plan that would have the effect of changing the marginal profit to MP2(x) = -x² + 15x - 54. Should
the company adopt the plan? Determine the area between the graphs of the two marginal profit functions from x = 6 to x = 9. Interpret this area in economic terms.
Should the company adopt the plan that would make the marginal profit be MP2?
A. It is impossible to tell using the given information.
B. No, because the company's profit will be smaller under the new plan.
Yes, because the company will make a larger profit under the new plan.
The area between the graphs of the two marginal profit functions from x = 6 to x = 9 is
sq. units.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F06e5b72a-2f26-4603-b5c0-7037b02ca80a%2F88da3ace-03d8-4812-b8b0-762501de9471%2Fsqzufjm_processed.png&w=3840&q=75)
Transcribed Image Text:The marginal profit for a certain company is MP, (x) = – x² + 19x - 78. The company expects the daily production level to rise from x = 6 to x = 9 units. The management is considering a plan that would have the effect of changing the marginal profit to MP2(x) = -x² + 15x - 54. Should
the company adopt the plan? Determine the area between the graphs of the two marginal profit functions from x = 6 to x = 9. Interpret this area in economic terms.
Should the company adopt the plan that would make the marginal profit be MP2?
A. It is impossible to tell using the given information.
B. No, because the company's profit will be smaller under the new plan.
Yes, because the company will make a larger profit under the new plan.
The area between the graphs of the two marginal profit functions from x = 6 to x = 9 is
sq. units.
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