[Steps Shown] A company has determined that its profit for a product can be described by a linear function. The profit from the production and sale of 150
Question: A company has determined that its profit for a product can be described by a linear function. The profit from the production and sale of 150 units is $455 and the profit from 250 units is $895.
- What is the average rate of change of the profit for this product when between 150 and 250 units are sold?
- What is the slope of the graph of this profit function?
- Write the equation of the profit function for this product,
- What is the marginal profit for this product?
- How many units give break even for this product?
Please explain all work.
Price: $2.99
Solution: The downloadable solution consists of 1 pages
Deliverable: Word Document 