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A concert promoter sells tickets and has a marginal-profit function given below, where P(x) is in dollars per ticket. This m
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Answer #1

P'(x) = 3x - 1140

We need to find P(200)

Therefore, integrating P'(x) with respect to x

Therefore, after integrating P'(x) we get P(x) as

P(x) = (1/2)*3x^2 - 1140x + C

Ignoring the fixed cost as given in the question

P(x) = (1/2)*3x^2 - 1140x

Therefore,

P(200) = 3*(200)^2 - 1140*200 = -108000

Therefore, there will be a loss of 108000 from the first 200 tickets.

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