Answer:
Step-by-step explanation:
Total profit function is equal to Total revenue function minus Total Cost function.
To get both Revenue function and Cost function, integrate the Marginal functions as follows:
R(t) = 108.7312t^2
Where 80et = 217.4624t
(e =2.71828)
C(t) = 80t - 0.4t^2
P(t) = R(t) - C(t) = 109.1312t^2 - 80t
When t=0, P=0
When t=1, P=29.1312
When t=2, P=276.5248
When t=3, P=742.1808
And so on ...
Summing the daily profits, total profit for the 10 days is 37,615.512 dollars which equals 3,761551.2 cents
(B)
Average daily profit for the first 10 days (in dollars) is 37,615.512÷10 = 3,761.5512 dollars
= 376,155.12 cents