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A company calculates the following for an item that they produce and sell. The revenue, R(x),...

A company calculates the following for an item that they produce and sell. The revenue, R(x), from the sale of 42 items is $435. The marginal revenue when 42 items are sold is $6 per item. The cost, C(x), to produce 42 items is $211. The marginal cost when 42 items are produced is $3 per item.

a) Estimate the revenue from the sale of 43 items.

b) Estimate the cost from the sale of 40 items.

c) Estimate the profit from the sale of 44 items.

Math   Statistics-And-Probability   
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