A company has determined that its profit for a product can be described by a linear function. The pr


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.

a) What is the average rate of change of the profit for this product when between 150 and 250 units are sold?

b) What is the slope of the graph of this profit function?

c) Write the equation of the profit function for this product,

d) What is the marginal profit for this product?

e) How many units give break even for this product?

Please explain all work.

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See Answer: The solution consists of 2 pages
Solution Format: Word Document

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