Suppose That the Profit P Made by Selling a Certain

question 61

Short Answer

Suppose that the profit p made by selling a certain product at a price x is given by p = f(x)and the rate of change of that profit with respect to change in price is
= 8 at x = 3.Estimate the change in the profit p if the price changes from 3.5 to 4.5.

---

Definitions:

Partners' Equity

The portion of equity in a partnership that belongs to each partner, reflecting their capital contributions, withdrawals, and share of earnings or losses.

Equity

The value of an owner's interest in a property or business, calculated as the difference between the assets and the liabilities.

Capital Balance

The amount of money that stakeholders have invested in a company. This can also refer to the equity section of a company's balance sheet.

Income-Sharing Ratio

The agreed-upon distribution of income or profits among partners in a business, often expressed as a proportion or percentage.