28. Marginal profit. The profit, in thousands of dollars, from the sale of x thousand candles can be estimated by P(x): = 2x 2x 0.3x In x. a) Find the marginal profit, P'(x). b) Find P'(150), and explain what this number: represents. c) How many candles (in thousands) should be sold in order to achieve a marginal profit of $750 per thousand candles? -
28. Marginal profit. The profit, in thousands of dollars, from the sale of x thousand candles can be estimated by P(x): = 2x 2x 0.3x In x. a) Find the marginal profit, P'(x). b) Find P'(150), and explain what this number: represents. c) How many candles (in thousands) should be sold in order to achieve a marginal profit of $750 per thousand candles? -
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter2: Exponential, Logarithmic, And Trigonometric Functions
Section2.CR: Chapter 2 Review
Problem 111CR: Respiratory Rate Researchers have found that the 95 th percentile the value at which 95% of the data...
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