Question

A manufacturer determines that the profit derived from selling x units of a certain item is given
by: P = − 2x^2 +800x Find the marginal profit for a production of 20 units.

Also,

The demand function for a particular commodity is given by: p = 400− 4x . Find the
marginal revenue when x = 20.
These are arithmetic questions
Just plug the given values into the equations.

P = -2(20^2) + 800(2) = .....

Related Questions

A manufacturer determines that the profit in dollars for manufacturing n units is P=2n^2-60x-400. (A... A profit function is derived from the production cost and revenue function for a given item. The mon... A manufacturer of a particular item has monthly fixed costs of ​$400 and variable costs of ​$20 per​...