The cost C and revenue R functions (in dollars) for producing and selling x units of a product are c=34.5x+15000 and r=69.9x A.) Find the average profit function, p=r-c/x B.) Find the average profit using the formula in the previous question when x is 1000. Enter your answer as a dollar amount rounded to two decimals. C.) What is the limit of the average profit function as x approaches infinity?

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter5: Polynomial And Rational Functions
Section5.1: Quardratic Functions
Problem 71SE: Suppose that the price per unit in dollars ofa cell phone production is modeled by p=450.0125x,...
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The cost C and revenue R functions (in dollars) for producing and selling x units of a product are c=34.5x+15000 and r=69.9x

A.) Find the average profit function, p=r-c/x

B.) Find the average profit using the formula in the previous question when x is 1000. Enter your answer as a dollar amount rounded to two decimals.

C.) What is the limit of the average profit function as x approaches infinity?

 

Average Profit
15
1 point
The cost Cand revenue R functions (in dollars) for producing and selling x units of a
product are C = 34.5x + 15, 000 and R = 69.9x.
R-C
Find the average profit function
В I
A - A - T
x, E E
12pt
Paragraph
用。
16
1 point
Find the average profit using the formula in the previous question when x is 1000.
Enter you answer as a dollar amount rounded to two decimals.
Type your answer.
17
1 point
What is the limit of the average profit function as x approaches infinity?
15, 000
00
35.40
34.5
-00
Transcribed Image Text:Average Profit 15 1 point The cost Cand revenue R functions (in dollars) for producing and selling x units of a product are C = 34.5x + 15, 000 and R = 69.9x. R-C Find the average profit function В I A - A - T x, E E 12pt Paragraph 用。 16 1 point Find the average profit using the formula in the previous question when x is 1000. Enter you answer as a dollar amount rounded to two decimals. Type your answer. 17 1 point What is the limit of the average profit function as x approaches infinity? 15, 000 00 35.40 34.5 -00
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