Suppose that the total profit in hundreds of dollars from selling x items is given by P(x) = 2x² − 4x + 7. Complete part

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Suppose That The Total Profit In Hundreds Of Dollars From Selling X Items Is Given By P X 2x 4x 7 Complete Part 1 (121.4 KiB) Viewed 14 times

Suppose that the total profit in hundreds of dollars from selling x items is given by P(x) = 2x² − 4x + 7. Complete parts a through d below. a. Find the average rate of change of profit as x changes from 2 to 4. $ 800 per item b. Find the average rate of change of profit as x changes from 2 to 3. $ 600 per item c. Find and interpret the instantaneous rate of change of profit with respect to the number of items produced when x = 2. (This number is call x = 2.) $ 400 per item What does this result mean? Choose the correct answer below. A. When items are sold for $ the profit is increasing at the rate of $2 per item. B. When 2 items are sold, the profit is decreasing at the rate of $ per item. C. When 2 items are sold, the profit is increasing at the rate of $ 400 per item. D. When items are sold for $ d. Find the marginal profit at x = 4. 2 the profit is decreasing at the rate of $2 per item. "