Questions
Questions

ST-MATH-1031-770-49505-202503 Quiz 4

Short answer

The profit, in thousands of dollars, from the sale of x thousand mechanical pencils, can be estimated by ๐‘ƒ ( ๐‘ฅ ) = 2 ๐‘ฅ โˆ’ 0.2 ๐‘ฅ ๐‘™ ๐‘› ๐‘ฅ Find the rate at which the profit is changing when 120 thousand pencils have been sold ( ๐‘ƒ โ€ฒ ( 120 ) ). Round to THREE decimal places and then enter decimals without units and symbols. Example: If the answer is 0.123 thousand dollars per 1000 pencils, then enter 0.123 as your answer. If the answer is -0.123 thousand dollars per 1000 pencils, then enter -0.123 as your answer.

View Explanation

View Explanation

Verified Answer
Please login to view
Step-by-Step Analysis
We start by restating the problem in our own words to ensure understanding: the profit function is P(x) = 2x โˆ’ 0.2x ln x, where x is measured in thousands of pencils and P(x) in thousands of dollars. We are asked for the rate of change of profit when 120 thousand pencils have b......Login to view full explanation

Log in for full answers

We've collected overย 50,000 authentic exam questionsย andย detailed explanationsย from around the globe. Log in now and get instant access to the answers!

More Practical Tools for Students Powered by AI Study Helper

Join us and instantly unlock extensive past papers & exclusive solutions to get a head start on your studies!