Math Problem Statement

P = 4x +  4x+10

where x is the number of magazines you sell in a month. If you are currently selling 40 magazines per month, find your profit and your marginal profit, in dollars. (Round your answers to the nearest cent.)

Solution

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Math Problem Analysis

Mathematical Concepts

Linear Equations
Differentiation
Profit Function

Formulas

Profit function P(x) = 8x + 10
Marginal profit P'(x) = dP/dx = 8

Theorems

Derivative of a linear function

Suitable Grade Level

Grades 10-12