The cost, in dollars, of producing x belts is given by C(x) = 823 + 16x -0.074x. The revenue, in dollars, of producing and selling x belts is given by R(x) = 45x°. Find the rate at which average profit is changing when 400 belts have been produced and sold. When 400 belts have been produced, the average profit is changing at for each additional belt. (Round to four decimal places as needed. Do not include the $ symbol in your answer.)

College Algebra
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ISBN:9781938168383
Author:Jay Abramson
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Chapter4: Linear Functions
Section4.2: Modeling With Linear Functions
Problem 58SE: When hired at a new job selling electronics, you aregiven two pay options: • Option A: Base salary...
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The cost, in dollars, of producing x belts is given by C(x) = 823 + 16x – 0.074x“. The revenue, in dollars, of producing and selling x belts is given by R(x) = 45x
produced and sold.
8
Find the rate at which average profit is changing when 400 belts have been
When 400 belts have been produced, the average profit is changing at
for each additional belt.
(Round to four decimal places as needed. Do not include the $ symbol in your answer.)
Transcribed Image Text:3 The cost, in dollars, of producing x belts is given by C(x) = 823 + 16x – 0.074x“. The revenue, in dollars, of producing and selling x belts is given by R(x) = 45x produced and sold. 8 Find the rate at which average profit is changing when 400 belts have been When 400 belts have been produced, the average profit is changing at for each additional belt. (Round to four decimal places as needed. Do not include the $ symbol in your answer.)
7
The revenue, in dollars, from the sale of x belts is given by R(x) = 41x'. Find the rate at which average revenue is changing when 980 belts have been produced and sold.
When 980 belts have been produced and sold, the average revenue is changing at
V for each additional belt.
(Round to four decimal places as needed. Do not include the $ symbol in your answer.)
Transcribed Image Text:7 The revenue, in dollars, from the sale of x belts is given by R(x) = 41x'. Find the rate at which average revenue is changing when 980 belts have been produced and sold. When 980 belts have been produced and sold, the average revenue is changing at V for each additional belt. (Round to four decimal places as needed. Do not include the $ symbol in your answer.)
Expert Solution
Step 1

Find the average profit.

Cx=823+16x0.074x2Rx=45x38Px=RxCx=45x38823+16x0.074x2=45x3882316x+0.074x2P¯x=Pxx=45x3882316x+0.074x2x=45x381823x116x11+0.074x21=45x58823x116x0+0.074x1So, P¯(x)=45x(58)823x116+0.074x

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