The cost in dollars of producing x lamps is C(x) = 300 + 20 squar root of x. The
ID: 3285442 • Letter: T
Question
The cost in dollars of producing x lamps is C(x) = 300 + 20 squar root of x.The revenue for x lamps is R(x) = 35sqar root of x.
a) Find the average profit per lamp. b) Determine the rate for whcih the average profit is changing when 100 lamps have been produced and sold.
Please show me all the steps! Thanks! The cost in dollars of producing x lamps is C(x) = 300 + 20 squar root of x.
The revenue for x lamps is R(x) = 35sqar root of x.
a) Find the average profit per lamp. b) Determine the rate for whcih the average profit is changing when 100 lamps have been produced and sold.
Please show me all the steps! Thanks!
Explanation / Answer
profit = revenue-cost/cost
35rootx - 300-20rootx/35rootx
=15rootx - 300/35rootx
3/7 - 60/7rootx
for 1 lamp it is:
3/7 - 60/7
=-8.14...Its a loss!!
Rate = d(P)/dx
= -0.5*60/7(x^3/2)
= -4.28*x^(-3/2)
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