Suppose that we're making and selling some widget and the profit (in dollars) when making a widgets is P(x) = 30x -0.04x² - 700. Find the marginal profit formula and the marginal average profit formula. Then determine the marginal profit and the marginal average profit when 59 widgets are made. The marginal profit function is P'(x) = If we're already making 59 widgets and if we increase production by one widget our profit will change by $ The marginal average profit function is p'(x) = If we're already making 59 widgets and if we increase production by one widget our average profit per widget will change by $

Suppose that we're making and selling some widget and the profit (in dollars) when making a widgets is P(x) = 30x -0.04x² - 700. Find the marginal profit formula and the marginal average profit formula. Then determine the marginal profit and the marginal average profit when 59 widgets are made. The marginal profit function is P'(x) = If we're already making 59 widgets and if we increase production by one widget our profit will change by $ The marginal average profit function is p'(x) = If we're already making 59 widgets and if we increase production by one widget our average profit per widget will change by $

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter3: Linear And Nonlinear Functions

Section: Chapter Questions

Problem 26MCQ

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