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Author Question: Given the total-revenue functionR(x) = 5x,and the total-cost functionC(x) = 0.01x2+ 2.2x + 80,if ... (Read 130 times)

Jkov05

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Question 1

Given the total-revenue function
R(x) = 2x, 
and the total-cost function
C(x) = 0.01x2 + 0.8x + 50,
if P(x) is the total profit function, find ΔP and P'(x) when x = 50 and Δx = 1.
◦ ΔP = $0.21; P'(50) = $0.20
◦ ΔP = $1.81; P'(50) = $1.80
◦ ΔP = $0.19; P'(50) = $0.20
◦ ΔP = $0.20; P'(50) = $0.19

Question 2

Given the total-revenue function
R(x) = 5x,
and the total-cost function
C(x) = 0.01x2 + 2.2x + 80,
if P(x) is the total profit function, find ΔP and P'(x) when x = 100 and Δx = 1.
◦ ΔP = $0.79; P'(100) = $0.80
◦ ΔP = $4.19; P'(100) = $4.20
◦ ΔP = $5.19; P'(100) = $5.20
◦ ΔP = $1.79; P'(100) = $1.80


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Marked as best answer by Jkov05 on Jun 16, 2021

adf223

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Jkov05

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Reply 2 on: Jun 16, 2021
Wow, this really help


momolu

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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