The marginal profit for a certain company is MP, (x) = - x? + 19x- 78. The company expects the daily production level to rise from x = 6 to x = 9 units. The management is considering a plan that would have the effect of changing the marginal profit to MP2 (x) = -x + 15x - 54. Should the company adopt the plan? Determine the area between the graphs of the two marginal profit functions from x = 6 to x = 9. Interpret this area in economic terms. Should the company adopt the plan that would make the marginal profit be MP2? O A. It is impossible to tell using the given information. B. No, because the company's profit will be smaller under the new plan. O C. Yes, because the company will make a larger profit under the new plan. The area between the graphs of the two marginal profit functions from x = 6 to x = 9 is sq. units.
The marginal profit for a certain company is MP, (x) = - x? + 19x- 78. The company expects the daily production level to rise from x = 6 to x = 9 units. The management is considering a plan that would have the effect of changing the marginal profit to MP2 (x) = -x + 15x - 54. Should the company adopt the plan? Determine the area between the graphs of the two marginal profit functions from x = 6 to x = 9. Interpret this area in economic terms. Should the company adopt the plan that would make the marginal profit be MP2? O A. It is impossible to tell using the given information. B. No, because the company's profit will be smaller under the new plan. O C. Yes, because the company will make a larger profit under the new plan. The area between the graphs of the two marginal profit functions from x = 6 to x = 9 is sq. units.
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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