A company determines that its marginal revenue per day is given by R′(t), where R(t) is the total accumulated revenue, in \ dollars, on the tth day. The company's marginal cost per day is given by C′(t), where C(t) is the total accumulated cost, in dollars, on the tth day.
R′(t)=130et, R(0)=0; C′(t)=130−0.8t, C(0)=0
a) Find the total profit P(T) from
t=0 to t=10
(the first 10 days).
P(T)=R(T)−C(T)=∫T0R′(t)−C′(t) dt
The total profit is $___
(Round to the nearest cent as needed.)
we have
and
now,
put T = 10,
The total profit for first 10 days is $ 2862050.55
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