Suppose a product's profit function is given by , where is in dollars and is the number of units sold. (Economists use the symbol to represent profit since is usually used for price. In this context, does not represent the number .)
Use the marginal profit function to find the approximate profit generated by selling the unit.
Marginal profit dollars per unit
Use the marginal profit function to find the approximate profit generated by selling the unit.
Marginal profit dollars per unit