The function P(x) 1.25x² + 775x - 7000 gives the profit when x units of a certain product are sold. Find a) the profit when 85 units are sold = dollars b) the average profit per unit when 85 units are sold dollars per unit c) the rate that profit is changing when exactly 85 units are sold dollars per unit

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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The function P(x) - 1.25x² + 775x - 7000 gives
the profit when x units of a certain product are sold.
Find
a) the profit when 85 units are sold
=
dollars
b) the average profit per unit when 85 units are sold
dollars per unit
c) the rate that profit is changing when exactly 85 units
are sold
dollars per unit
d) the rate that profit changes on average when the
number of units sold rises from 85 to 170.
dollars per unit
e) The number of units sold when profit stops
increasing and starts decreasing. (Round to the nearest
whole number if necessary.)
units
Transcribed Image Text:The function P(x) - 1.25x² + 775x - 7000 gives the profit when x units of a certain product are sold. Find a) the profit when 85 units are sold = dollars b) the average profit per unit when 85 units are sold dollars per unit c) the rate that profit is changing when exactly 85 units are sold dollars per unit d) the rate that profit changes on average when the number of units sold rises from 85 to 170. dollars per unit e) The number of units sold when profit stops increasing and starts decreasing. (Round to the nearest whole number if necessary.) units
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