Question 1
Paper 1Easy5 marksA manufacturer models its monthly profit, in thousands of dollars, from producing hundreds of units by
Figure 1 shows the graph of this model.
Use your GDC to generate and find, to two decimal places, the values of at which the gradient of the profit curve is zero.
For each value of found in part (a), calculate the corresponding monthly profit. Give your answers in thousands of dollars, to three significant figures.
Use Figure 1 to state which stationary point is a local maximum and which is a local minimum.