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
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