Suppose P(x) represents the profit on the sale of x vinyl records. If P(1,000) = 4,000 and P'(1,000) = -2, what do these values tell you about the profit? P(1,000) represents the profit on the sale of vinyl records is $ . P'(x) represents the profit is decreasing at the rate of $ vinyl records. P(1,000) = 4,000, so the profit on the sale of --Select as a function of x. P'(1,000) = -2, so the per additional vinyl record sold. Your monthly profit (in dollars) from selling magazines is given by P=7x+ √√x, where x is the number of magazines you sell in a month. If you are currently selling x = 50 magazines per month, find your profit and your marginal profit. (Round your answers to two decimal places.) profit marginal profit Interpret your answers. per additional magazine Your current profit is $ month. per month, and would increase at a rate of $ per additional magazine sold per

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section6.1: Exponential Functions
Problem 63SE: In the year 1985, a house was valued at 110,000. Bythe year 2005, the value hadappreciated to...
Question
Suppose P(x) represents the profit on the sale of x vinyl records. If P(1,000) = 4,000 and P'(1,000) = -2, what do these values
tell you about the profit?
P(1,000) represents the profit on the sale of
vinyl records is $
. P'(x) represents the
profit is decreasing at the rate of $
vinyl records. P(1,000) = 4,000, so the profit on the sale of
--Select
as a function of x. P'(1,000) = -2, so the
per additional vinyl record sold.
Transcribed Image Text:Suppose P(x) represents the profit on the sale of x vinyl records. If P(1,000) = 4,000 and P'(1,000) = -2, what do these values tell you about the profit? P(1,000) represents the profit on the sale of vinyl records is $ . P'(x) represents the profit is decreasing at the rate of $ vinyl records. P(1,000) = 4,000, so the profit on the sale of --Select as a function of x. P'(1,000) = -2, so the per additional vinyl record sold.
Your monthly profit (in dollars) from selling magazines is given by
P=7x+ √√x,
where x is the number of magazines you sell in a month. If you are currently selling x = 50 magazines per month, find your profit
and your marginal profit. (Round your answers to two decimal places.)
profit
marginal profit
Interpret your answers.
per additional magazine
Your current profit is $
month.
per month, and would increase at a rate of $
per additional magazine sold per
Transcribed Image Text:Your monthly profit (in dollars) from selling magazines is given by P=7x+ √√x, where x is the number of magazines you sell in a month. If you are currently selling x = 50 magazines per month, find your profit and your marginal profit. (Round your answers to two decimal places.) profit marginal profit Interpret your answers. per additional magazine Your current profit is $ month. per month, and would increase at a rate of $ per additional magazine sold per
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