A company produces and sells electric cars. The company's profit, P, in thousands of dollars, changes based on the number of cars, x, they produce per month. The rate of change of their profit from producing x electric cars is modelled by The company makes a profit of 260 (thousand dollars) when they produce 15 electric cars.
Find an expression for P in terms of x.
recognition of need to integrate (eg reverse power rule or integral symbol) (M1) (A1) (M1) Note: Award for correct substitution of and . A constant of integration must be seen (can be implied by a correct answer). (A1) (A1)
Describe how their profit changes if they increase production to over 30 cars per month and up to 50 cars per month. Justify your answer.
profit will decrease (with each new car produced) (A1)
EITHER
because the profit function is decreasing / the gradient is negative / the rate of change of is negative (R1)
OR
(R1)
OR
evidence of finding and (R1)
Note: Award at most R1AO if or or both have incorrect values.