Cross Bird
04/18/2024 · Junior High School
A concert promoter sells tickets and has a marginal-profit function given below, where \( P^{\prime}(x) \) is in dollars per ticket. This means that the number of tickets sold, \( x \), is \( P^{\prime}(x) \). Find the total profit from the sale of the first 80 tickets, disregarding any fixed costs. \( P^{\prime}(x)=9 x-1162 \) The total profit is \( \$ \square \). (Round to the nearest cent as needed.)
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Step-by-step Solution
To find the total profit from the sale of the first 80 tickets, we need to calculate the total profit function and then evaluate it at \( x = 80 \).
Given:
Marginal-profit function: \( P^{\prime}(x) = 9x - 1162 \)
To find the total profit function, we need to integrate the marginal-profit function with respect to \( x \). The total profit function is given by:
\[ P(x) = \int P^{\prime}(x) \, dx \]
Integrating \( P^{\prime}(x) = 9x - 1162 \) with respect to \( x \) gives:
\[ P(x) = \frac{9}{2}x^2 - 1162x + C \]
To find the constant of integration \( C \), we can use the fact that the total profit at \( x = 0 \) is 0. This is because the total profit at the start is 0.
Substitute \( x = 0 \) into the total profit function:
\[ P(0) = \frac{9}{2}(0)^2 - 1162(0) + C = 0 \]
\[ C = 0 \]
Therefore, the total profit function is:
\[ P(x) = \frac{9}{2}x^2 - 1162x \]
Now, we can find the total profit from the sale of the first 80 tickets by evaluating the total profit function at \( x = 80 \):
\[ P(80) = \frac{9}{2}(80)^2 - 1162(80) \]
Let's calculate the total profit.
Calculate the value by following steps:
- step0: Calculate:
\(\frac{9}{2}\times 80^{2}-1162\times 80\)
- step1: Multiply the numbers:
\(28800-1162\times 80\)
- step2: Multiply the numbers:
\(28800-92960\)
- step3: Subtract the numbers:
\(-64160\)
The total profit from the sale of the first 80 tickets is $-64160.
Therefore, the total profit is $-64160.
Quick Answer
The total profit from the sale of the first 80 tickets is $-64160.
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