The cost C and revenue R functions (in dollars) for producing and selling x units of a product are c=34.5x+15000 and r=69.9x A.) Find the average profit function, p=r-c/x B.) Find the average profit using the formula in the previous question when x is 1000. Enter your answer as a dollar amount rounded to two decimals. C.) What is the limit of the average profit function as x approaches infinity?
The cost C and revenue R functions (in dollars) for producing and selling x units of a product are c=34.5x+15000 and r=69.9x A.) Find the average profit function, p=r-c/x B.) Find the average profit using the formula in the previous question when x is 1000. Enter your answer as a dollar amount rounded to two decimals. C.) What is the limit of the average profit function as x approaches infinity?
Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter9: Functions
Section9.CT: Test
Problem 16CT
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Topic Video
Question
The cost C and revenue R functions (in dollars) for producing and selling x units of a product are c=34.5x+15000 and r=69.9x
A.) Find the average profit function, p=r-c/x
B.) Find the average profit using the formula in the previous question when x is 1000. Enter your answer as a dollar amount rounded to two decimals.
C.) What is the limit of the average profit function as x approaches infinity?
![Average Profit
15
1 point
The cost Cand revenue R functions (in dollars) for producing and selling x units of a
product are C = 34.5x + 15, 000 and R = 69.9x.
R-C
Find the average profit function
В I
A - A - T
x, E E
12pt
Paragraph
用。
16
1 point
Find the average profit using the formula in the previous question when x is 1000.
Enter you answer as a dollar amount rounded to two decimals.
Type your answer.
17
1 point
What is the limit of the average profit function as x approaches infinity?
15, 000
00
35.40
34.5
-00](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F546a753f-501a-433c-9d2e-e4a59c920a81%2Ff66ac976-8a51-41a0-9122-d3fdc539d942%2F12e4dm8_processed.png&w=3840&q=75)
Transcribed Image Text:Average Profit
15
1 point
The cost Cand revenue R functions (in dollars) for producing and selling x units of a
product are C = 34.5x + 15, 000 and R = 69.9x.
R-C
Find the average profit function
В I
A - A - T
x, E E
12pt
Paragraph
用。
16
1 point
Find the average profit using the formula in the previous question when x is 1000.
Enter you answer as a dollar amount rounded to two decimals.
Type your answer.
17
1 point
What is the limit of the average profit function as x approaches infinity?
15, 000
00
35.40
34.5
-00
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