A manufacturer sells video games with the following cost and revenue functions (
ID: 3000163 • Letter: A
Question
A manufacturer sells video games with the following cost and revenue functions (in dollars), where x is the number of games sold. Determine the interval(s) on which the profit function is increasing. C(x) = 0.13x2-0.00014x3 R(x) = 0.436x2-0.0002x3 Select the correct choice below and fill in any answer boxes within your choice. The profit function is increasing on the interval(s) (Type your answer in interval notation. Use a comma to separate answers as needed.) The profit function is never increasing.Explanation / Answer
Profit = revenue - cost
P(x) = R(x) - C(x)
= 0.306x2 - 0.00006x3
P ' (x) = 0.612x - 0.00018x2
= x(0.612 - 0.00018x)
= - 0.00018 x(x - 3400)
For profit increasing, P '(x) > 0
-0.00018 x(x - 3400) > 0
x(x - 3400) < 0
x (0, 3400)
Therefore, the profit increase on the interval (0 , 3400)
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