A profit is earned when revenue exceeds cost. Let the profit function for a skateboard manufacturer be given by P(x) = 30x - 0.3x2 - 250, wherlx is the number of skateboards sold. (a) P'(x), the marginal profit. (b) Use the marginal profit to estimate the profit from the sale of the 11th skateboard.

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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A profit is earned when revenue exceeds cost. Let the profit function for a
skateboard manufacturer be given by P(x) = 30x - 0.3x2 - 250, wherlx is the number
of skateboards sold.
(a) P'(x), the marginal profit.
(b) Use the marginal profit to estimate the profit from the sale of the 11th
skateboard.
Transcribed Image Text:A profit is earned when revenue exceeds cost. Let the profit function for a skateboard manufacturer be given by P(x) = 30x - 0.3x2 - 250, wherlx is the number of skateboards sold. (a) P'(x), the marginal profit. (b) Use the marginal profit to estimate the profit from the sale of the 11th skateboard.
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