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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