The profit P in dollars per day resulting from making x unit
The profit, P, in dollars per day, resulting from making x units per day of air conditioners prior to the summer is:
P = 12.5x2 + 18x 155, find the marginal profit when the production level is 10 air conditioners per hour in a 12 hour production day.
Solution
given profit P = 12.5x2 + 18x 155
for marginal profit differentiate with respect to x
dP/dx =12.5*2x +18*1 -0
dP/dx =25x +18
production level is 10 air conditioners per hour in a 12 hour production day. , x=10*12=120 units
marginal profit dP/dx =(25*120) +18
marginal profit =3000+18
marginal profit =3018 dollars per unit
