Chapter 9.9, Problem 31E
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Mathematical Applications for the ...
11th Edition
Ronald J. Harshbarger + 1 other
ISBN: 9781305108042
Solutions
Chapter
Section
BuyFindarrow_forward
Mathematical Applications for the ...
11th Edition
Ronald J. Harshbarger + 1 other
ISBN: 9781305108042
Textbook Problem
In each of Problems 31 and 32, the graph of a company’s profit function is shown. For each problem, use the graph to answer the following questions about points A, B, and C.
(a) Rank from smallest to largest the amounts of profit received at these points. Explain your choices, and note whether any point results in a loss.
(b) Rank from smallest to largest the marginal profit at these points. Explain your choices, and note whether any marginal is negative and what this means.
(a)
To determine
The profit in smallest to largest order at these points
Explanation
Given information:
The provided graph is:
Explanation:
The provided graph is between profit and unit.
The graph is increasing order from
The profit is increased as number of units increased.
Therefore, from the graph the lowest profit is at
(b)
To determine
The marginal profit in smallest to largest order at these points
Chapter 9 Solutions
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