APFIVE Marginal Profit and Production Level
For the profit function $$P(x) = -2*x^2 + 12*x - 16$$, solve the equation
$$-4*x + 12 = 0$$
to determine the production level $$x$$ at which marginal profit is zero.
In an economic model, the profit function is given by:
$$P(x) = -2*x^2 + 12*x - 16$$.
Its marginal profit (derivative) is:
$$P'(x) = -4*x + 12$$.
A
$$4$$
B
$$3$$
C
$$-3$$
D
$$6$$
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