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An automobile retailer calculates that its loss on the sale of type M cars is gi

ID: 3121297 • Letter: A

Question

An automobile retailer calculates that its loss on the sale of type M cars is given by L(50) = 4,000 and L'(SO) = -100, where Z.(x) represents the loss on the sale of x type M cars. What do these values tell you about losses? the loss on the sale of type M cars is $, and the loss is decreasing at the rate of S per additional type M car sold. Your monthly profit (in dollars) from your newspaper route is given by P = 7n - squareroot n where n is the number of subscribers on your route. If you currently have 100 subscribers, find your profit and your marginal profit, profit $ marginal profit $ per new subscriber Interpret your answers. Your current profit Is $ per month and this would increase at a rate of $ per new subscriber.

Explanation / Answer

L(50) = 4000, L'(50) = -100

The loss on the sale of 50 type M cars is $4000, and the loss is decreasing at the rate of $100 per additional type M car sold.

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