The profit (in dollars) from the sale of x lawn mowers is P ( x ) = 50 x &#x2212;<!

raulgallerjv

raulgallerjv

Answered question

2022-05-21

The profit (in dollars) from the sale of x lawn mowers is P ( x ) = 50 x 0.05 x 2 450. How to find the marginal average profit at a production level of 20 mowers?

Answer & Explanation

Diego Mathews

Diego Mathews

Beginner2022-05-22Added 6 answers

Answer A is an interpretation of P'(20) (Marginal Profit)
Answer B is an interpretation of P ¯ ( 20 ) (Marginal Average Profit)
Answer C is an interpretation of P ¯ ( 20 ) (Average Profit)
Calculate:
P'(20)=48, so A is not correct
P ¯ ( 20 ) = 1.075 so B is approximately correct.
By the way, P ¯ ( 20 ) = 26.5, so C is not correct.

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