Math Problem Statement

The profit P (in dollars) from selling x units of a product is given by the function below. P = 36,000 + 2051

x − 1 8x2 , 150 ≤ x ≤ 275 Find the marginal profit for each of the following sales. (Round your answers to two decimal places.)

Solution

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Math Problem Analysis

Mathematical Concepts

Calculus
Marginal Profit
Derivatives
Quadratic Functions

Formulas

P(x) = 36,000 + 2051x - (1/8)x^2
P'(x) = 2051 - (1/4)x

Theorems

Power Rule of Differentiation

Suitable Grade Level

Grades 11-12 or College Level