If the profit function for a car is P(x) = 500x-x² - 100, what is the marginal profit if 200 units are sold?
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Answer:
Marginal Profit = 100 .
Step-by-step explanation:
We are given with the Profit function for a car, P(x) = 500 - - 100
Here, x = number of units sold
Now, Marginal function is given by first derivative of Original Function which is Profit function;
So, First derivative of Profit Function, P(x)' = 500 * (1) - 2* - 0
{because derivative of constant is zero}
So, Marginal Function, M(x) = 500 - 2 *
Hence, marginal profit if 200 units are sold = 500 - 2 * 200 = 500 - 400 = 100 .
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