The quarterly profit (in thousands of dollars) of Cunningham Realty is given by P(x) x2 + 5x + 34 (0 < x< 50) where x (in thousands of dollars) is the amount of money Cunningham spends on advertising per quarter. (a) Find P'(x). 2. P'(x) = -x + 5 (b) What is the rate of change of Cunningham's quarterly profit if the amount it spends on advertising is $11,000/quarter (x = 11)? (Round your answer to three decimal places.) $ 600 X per dollar spent on advertising What is the rate of change if it spends $35,000/quarter (x = 35)? (Round your answer to three decimal places.) $ -9000 per dollar spent on advertising

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter3: Linear And Nonlinear Functions
Section: Chapter Questions
Problem 26MCQ
icon
Related questions
Topic Video
Question
The quarterly profit (in thousands of dollars) of Cunningham Realty is given by
P(x)
x2 + 5x + 34
(0 < x< 50)
where x (in thousands of dollars) is the amount of money Cunningham spends on advertising per quarter.
(a) Find P'(x).
2.
P'(x) =
-x + 5
(b) What is the rate of change of Cunningham's quarterly profit if the amount it spends on advertising is $11,000/quarter (x = 11)? (Round your answer to three
decimal places.)
$ 600
X per dollar spent on advertising
What is the rate of change if it spends $35,000/quarter (x = 35)? (Round your answer to three decimal places.)
$ -9000
per dollar spent on advertising
Transcribed Image Text:The quarterly profit (in thousands of dollars) of Cunningham Realty is given by P(x) x2 + 5x + 34 (0 < x< 50) where x (in thousands of dollars) is the amount of money Cunningham spends on advertising per quarter. (a) Find P'(x). 2. P'(x) = -x + 5 (b) What is the rate of change of Cunningham's quarterly profit if the amount it spends on advertising is $11,000/quarter (x = 11)? (Round your answer to three decimal places.) $ 600 X per dollar spent on advertising What is the rate of change if it spends $35,000/quarter (x = 35)? (Round your answer to three decimal places.) $ -9000 per dollar spent on advertising
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Rules of Differentiation
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, calculus and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
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
Trigonometry (MindTap Course List)
Trigonometry (MindTap Course List)
Trigonometry
ISBN:
9781337278461
Author:
Ron Larson
Publisher:
Cengage Learning