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16 June, 08:58

Find a marginal Profit function if cost and revenue are given by c (x) = 240+0.3x and r (x) = 8x-0.06x^2

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  1. 16 June, 11:53
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    p' (x) = - 0.12x + 7.7

    Step-by-step explanation:

    Profit is the difference between revenue and cost:

    p (x) = r (x) - c (x)

    p (x) = (-0.06x^2 + 8x) - (0.3x + 240) = - 0.06x^2 + 7.7x - 240

    Marginal profit is the derivative of this function:

    p' (x) = - 0.12x + 7.7
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