Give step-by-step detailed solution with explanation and final answer: Suppose the profit function when a moving company makes x moves is P ( x ) = 0 . 8 x 3 - 6 x 2 + 4 - 1 . 6 l n ( x ) - 1 2 5 The moving company has already done 1 0 moves. Estimate the marginal profit when they make one more move.
Question:
Give step-by-step detailed solution with explanation and final answer: Suppose the profit function when a moving company makes x moves is P ( x ) = 0 . 8 x 3 - 6 x 2 + 4 - 1 . 6 l n ( x ) - 1 2 5 The moving company has already done 1 0 moves. Estimate the marginal profit when they make one more move.
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Asked by: Test User 100171
Created at: 2025-05-14 17:33:10
Asked by: Test User 100171
Created at: 2025-05-14 17:33:10
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Let's break down the problem step by step:
### Given:
The profit function for the moving company is:
\[
P(x) = 0.8x^3 - 6x^2 + 4 - 1.6 \ln(x) - 125
\]
The company has already done \( x = 10 \) moves.
We are asked: **Estimate the marginal profit when they make one more move.**
---
### Step 1: Find the Marginal Profit Function
The **marginal profit** is the derivative of the profit function with respect to \( x \):
\[
P'(x) = \frac{d}{dx}\left[0.8x^3 - 6x^2 + 4 - 1.6\ln(x) - 125\right]
\]
Differentiate term by term:
- \( \frac{d}{dx}(0.8x^3) = 0.8 \cdot 3x^2 = 2.4x^2 \)
- \( \frac{d}{dx}(-6x^2) = -6 \cdot 2x = -12x \)
- \( \frac{d}{dx}(4) = 0 \)
- \( \frac{d}{dx}(-1.6\ln(x)) = -1.6 \cdot \frac{1}{x} = -\frac{1.6}{x} \)
- \( \frac{d}{dx}(-125) = 0 \)
So,
\[
P'(x) = 2.4x^2 - 12x - \frac{1.6}{x}
\]
---
### Step 2: Plug \( x = 10 \) into the Marginal Profit Function
\[
P'(10) = 2.4(10^2) - 12(10) - \frac{1.6}{10}
\]
Calculate each term:
- \( 2.4 \times 100 = 240 \)
- \( 12 \times 10 = 120 \)
- \( \frac{1.6}{10} = 0.16 \)
Plug these in:
\[
P'(10) = 240 - 120 - 0.16 = 120 - 0.16 = 119.84
\]
---
### Step 3: Interpret the Result
- The marginal profit when the company has done 10 moves is **approximately \$119.84**.
- This means, **when the company makes the 11th move, the profit increases by about \$119.84**.
---
## **Final Answer**
\[
\boxed{
\text{The marginal profit when they make one more move after 10 moves is approximately \$119.84.}
}
\]
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