Umm, That's A lot Of Homework...
Answer:
Step-by-step explanation:
If the profit realized by the company is modelled by the equation
P (x) = −0.5x² + 120x + 2000, marginal profit occurs at dP/dx = 0
dP/dx = -x+120
P'(x) = -x+120
Company's marginal profit at the $100,000 advertising level will be expressed as;
P '(100) = -100+120
P'(100) = 20
Marginal profit at the $100,000 advertising level is $20,000
Company's marginal profit at the $140,000 advertising level will be expressed as;
P '(140) = -140+120
P'(140) = -20
Marginal profit at the $140,000 advertising level is $-20,000
<u>Based on the marginal profit at both advertising level, I will recommend the advertising expenditure when profit between $0 and $119 is made. At any marginal profit from $120 and above, it is not advisable for the company to advertise because they will fall into a negative marginal profit which is invariably a loss.</u>
Answer:
The slope is 
Step-by-step explanation:
we know that
The formula to calculate the slope between two points is equal to
we have
Substitute the values
Answer:
7.25
Step-by-step explanation:
