Given revenue and cost functions R(q)=90q−0.3q2 and C(q)=14q+550, find the marginal profit at a quantity of 15 items. The marginal profit is $67
Given revenue and cost functions R(q)=90q−0.3q2 and C(q)=14q+550, find the marginal profit at a quantity of 15 items. The marginal profit is $67
Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter2: Functions
Section2.4: Average Rate Of Change Of A Function
Problem 4.2E: bThe average rate of change of the linear function f(x)=3x+5 between any two points is ________.
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Given revenue and cost functions
R(q)=90q−0.3q2
and
C(q)=14q+550,
find the marginal profit at a quantity of
15
items.The marginal profit is
$67
67
per
item.
(Round to two decimal places.)
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