Question

The total profit (in dollars) from the production and sale of x calendars if P(x)= 22x-0.02x2-500; 0<or equal to x <or equal to 100

a) find the average profit per calendar if 50 calendars are sold

 

b) find the marginal average profit if 50 calendars are sold. and interpret the result

c) use results to approximate the average profit per calendar when 51 calendars are produced and sold.

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