Suppose That the Profit P Made by Selling a Certain

question 88

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
= 10 at x = 7.Estimate the change in the profit p if the price changes from 7.5 to 8.5.

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Definitions:

Deontological Theory

A moral philosophy that emphasizes the importance of duty and the inherent rightness or wrongness of actions, regardless of the consequences.

Moral Worth

The value of actions or principles based on their ethical soundness or righteousness.

Functionalist Approach

A perspective in sociology and anthropology that interprets society as a structure with interrelated parts designed to meet the biological and social needs of the individuals in that society.

Restorative Justice

A system of criminal justice that focuses on the rehabilitation of offenders through reconciliation with victims and the community.