The cost and revenue functions for a company that manufactures x table saws are given. C(x) = 60x +72,000 R(x) = 200x – %3D 30 9. a) Write the profit function and evaluate at x = 1500. b) Find the marginal profit function and evaluate at x = 1500. Interpret the results.

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter4: Polynomial And Rational Functions
Section4.1: Quadratic Functions
Problem 6SC: A company that makes and sells baseball caps has found that the total monthly cost C in dollars of...
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The cost and revenue functions for a company that manufactures x table saws are given
1
C(x) = 60x + 72,000
R(x) = 200x –
30
%3D
9. a) Write the profit function and evaluate at x = 1500.
b) Find the marginal profit function and evaluate at x = 1500. Interpret the results.
10. a) Write the average profit function and evaluate at x = 1500.
b) Find the marginal average profit function and evaluate at x = 1500. Interpret the results.
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Transcribed Image Text:The cost and revenue functions for a company that manufactures x table saws are given 1 C(x) = 60x + 72,000 R(x) = 200x – 30 %3D 9. a) Write the profit function and evaluate at x = 1500. b) Find the marginal profit function and evaluate at x = 1500. Interpret the results. 10. a) Write the average profit function and evaluate at x = 1500. b) Find the marginal average profit function and evaluate at x = 1500. Interpret the results. FEB 25 tv 80 888 FI DD F2 F3 F4 F6 F7 F8 F9 F10 @ 2# 24 % 2 3 7 9 W E R Y U P S G H K * 00 < co
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