Homework Help is Here – Start Your Trial Now!
Math
Advanced Math
The profit (in dollars) from the sale of x lawn mowers is P(x) = 70x – 0.07x² – - 650. (A) Find the average profit per mower if 50 mowers are produced. (B) Find the marginal average profit at a production level of 50 mowers, and interpret the results. (C) Use the results from parts (A) and (B) to estimate the average profit per mower if 51 mowers are produced. (A) If 50 mowers are produced, the average profit per mower is $ (Round to the nearest cent as needed.) (B) The marginal average profit at a production level of 50 units is $ (Round to the nearest cent as needed.) per mower. Choose the correct interpretation of P'(50) = $0.19 per mower. O A. At a production level of 50 mowers the average profit is $0.19 per mower. B. At a production level of 50 mowers a unit increase in production will increase the total profit by $0.19 per mower. C. At a production level of 50 mowers the average profit is increasing at a rate of $0.19 per mower. (C) Using parts (A) and (B), the estimate of the average profit per mower if 51 mowers are produced is $ (Round to the nearest cent as needed.)

The profit (in dollars) from the sale of x lawn mowers is P(x) = 70x – 0.07x² – - 650. (A) Find the average profit per mower if 50 mowers are produced. (B) Find the marginal average profit at a production level of 50 mowers, and interpret the results. (C) Use the results from parts (A) and (B) to estimate the average profit per mower if 51 mowers are produced. (A) If 50 mowers are produced, the average profit per mower is $ (Round to the nearest cent as needed.) (B) The marginal average profit at a production level of 50 units is $ (Round to the nearest cent as needed.) per mower. Choose the correct interpretation of P'(50) = $0.19 per mower. O A. At a production level of 50 mowers the average profit is $0.19 per mower. B. At a production level of 50 mowers a unit increase in production will increase the total profit by $0.19 per mower. C. At a production level of 50 mowers the average profit is increasing at a rate of $0.19 per mower. (C) Using parts (A) and (B), the estimate of the average profit per mower if 51 mowers are produced is $ (Round to the nearest cent as needed.)

College Algebra (MindTap Course List)
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...
See similar textbooks
icon
Related questions
Question
The profit (in dollars) from the sale of x lawn mowers is P(x) = 70x - 0.07x - 650. (A) Find the average profit per mower if 50 mowers are produced. (B) Find the marginal average profit at a production level of 50 mowers, and interpret the results. (C) Use the results from parts (A) and (B) to estimate the average profit per mower if 51 mowers are produced. (A) If 50 mowers are produced, the average profit per mower is $ (Round to the nearest cent as needed.) (B) The marginal average profit at a production level of 50 units is $ (Round to the nearest cent as needed.) per mower. Choose the correct interpretation of P'(50) = $0.19 per mower. O A. At a production level of 50 mowers the average profit is $0.19 per mower. B. At a production level of 50 mowers a unit increase in production will increase the total profit by $0.19 per mower. O c. At a production level of 50 mowers the average profit is increasing at a rate of $0.19 per mower. (C) Using parts (A) and (B), the estimate of the average profit per mower if 51 mowers are produced is $ (Round to the nearest cent as needed.)
Transcribed Image Text:The profit (in dollars) from the sale of x lawn mowers is P(x) = 70x - 0.07x - 650. (A) Find the average profit per mower if 50 mowers are produced. (B) Find the marginal average profit at a production level of 50 mowers, and interpret the results. (C) Use the results from parts (A) and (B) to estimate the average profit per mower if 51 mowers are produced. (A) If 50 mowers are produced, the average profit per mower is $ (Round to the nearest cent as needed.) (B) The marginal average profit at a production level of 50 units is $ (Round to the nearest cent as needed.) per mower. Choose the correct interpretation of P'(50) = $0.19 per mower. O A. At a production level of 50 mowers the average profit is $0.19 per mower. B. At a production level of 50 mowers a unit increase in production will increase the total profit by $0.19 per mower. O c. At a production level of 50 mowers the average profit is increasing at a rate of $0.19 per mower. (C) Using parts (A) and (B), the estimate of the average profit per mower if 51 mowers are produced is $ (Round to the nearest cent as needed.)
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Knowledge Booster
Area
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, advanced-math and related others by exploring similar questions and additional content below.
Recommended textbooks for you
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
College Algebra
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
Algebra and Trigonometry (MindTap Course List)
Algebra and Trigonometry (MindTap Course List)
Algebra
ISBN:
9781305071742
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
SEE MORE TEXTBOOKS