SOLUTION: Units sold (x) and profit(p) are linear. 150 units sold results in $200 profit and 200 units sold results in $3100 profit , write the profit function.
P =
Find the marginal
Question 998305: Units sold (x) and profit(p) are linear. 150 units sold results in $200 profit and 200 units sold results in $3100 profit , write the profit function.
P =
Find the marginal profit? Answer by MathLover1(20850) (Show Source):
if units sold results in $ profit, we have
...solve for ....eq.1
if units sold results in $ profit, we have
...solve for ....eq.2
since left sides of eq.1 and eq.2 are same, equal right sides
...solve for
now find ....eq.1...substitute for
so, your equation is: