Griffiths Vaughan
01/25/2024 · High School
The cost to produce \( x \) items is modeled by \( C(x)=0.003 x^{2}+3.2 x+60 \) dollars and the revenue from selling \( x \) items is given by \( R(x)=6 x \) dollars. a. Find the marginal profit when 359 items are sold using the formula \( P(x+1)-P(x) \). (Round your answer to three decimal places.) b. Use the derivative to estimate the marginal profit when 359 items are sold. (Round your answer to three decimal places.)
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a. The marginal profit when 359 items are sold using the formula \( P(x+1) - P(x) \) is about 0.643 dollars.
b. The estimated marginal profit when 359 items are sold using the derivative is about 0.646 dollars.
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