Mathematics, 18.08.2020 14:01 DanteMadrid33
The cost and revenue are defined, in dollars, as C(x) = 30x + 100 and R(x) = -x2 + 90x.
Required:
a. Find and simplify the profit function, defined by P(x).
b. Use a. to find the marginal profit function.
Answers: 2
, b) The marginal profit function is 
.
(cost function) and 
(revenue function), the profit function is found by subtracting the cost function from the revenue function. That is:
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The cost and revenue are defined, in dollars, as C(x) = 30x + 100 and R(x) = -x2 + 90x.
Required:
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