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3. The manager of a large apartment complex has found that the profit is given by
Px x 2 420 x 17500, where x is the number of units rented.
a) Evaluate the average rate of change in the corporation’s total sales when they spend between
50 thousand and 60 thousand in advertising.
b) Determine the instantaneous rate of change in the corporation’s total sales when the spend 30
thousand dollars on advertising.
5. The resale value of a new car depreciates at a rate of 12 percent per year. The resale value of
the car after t years is given by the equation:
t
P(t) = 28,000(0.88)