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Author Question: A supply function for a certain product is given by,where S(p) is the number of items produced when ... (Read 79 times)

ishan

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Question 1

Given the total-revenue function
R(x) = 7600x,
and the total-cost function
C(x) = x3 - 2x2 + 5x + 100,
if P(x) is the total profit function, find ΔP and P'(x) when x = 50 and Δx = 1.
◦ ΔP = $146; P'(50) = $295
◦ ΔP = $149; P'(50) = $141
◦ ΔP = $146; P'(50) = $290
◦ ΔP = $141; P'(50) = $295

Question 2

A supply function for a certain product is given by 
 
where S(p) is the number of items produced when the price is p dollars.  Use S'(p) to estimate how many more units a producer will supply when the price changes from  per unit to $14.50 per unit.
◦ 4
◦ 24
◦ 55
◦ 48


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Marked as best answer by ishan on Jun 16, 2021

morrie123456

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ishan

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Reply 2 on: Jun 16, 2021
YES! Correct, THANKS for helping me on my review


raili21

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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