Math Problem Statement
Your monthly profit (in dollars) from your newspaper route is given by
P = 8n − <square root>n,
where n is the number of subscribers on your route. If you currently have 100 subscribers, find your profit and your marginal profit.
profit$ marginal profit$ per new subscriber
Interpret your answers.
Your current profit is $ per month and this would increase at a rate of $ per new subscriber.
Solution
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Math Problem Analysis
Mathematical Concepts
Algebra
Derivatives
Profit Maximization
Marginal Analysis
Formulas
Profit function: P(n) = 8n - √n
Marginal profit (derivative): P'(n) = 8 - 1/(2√n)
Theorems
Derivative Rules
Suitable Grade Level
Grades 10-12 (Calculus Introduction)
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