15. A company that manufactures pet toys calculates that its costs and revenue can be modeled by the equations C=75000+1.5x and R=200 x- where x is the number of toys produced in one 4 week. Production during one particular week is 300 toys and is increasing at a rate of 60 toys per week. Find the rate at which (a) revenue and (b) profit are changing.

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter12: Algebra Of Matrices
Section12.CR: Review Problem Set
Problem 37CR
icon
Related questions
icon
Concept explainers
Topic Video
Question

help

15.
A company that manufactures pet toys calculates that its costs and revenue can be modeled by
x2
where x is the number of toys produced in one
4
the equations C=75000+1.5x and R=200 x-
week. Production during one particular week is 300 toys and is increasing at a rate of 60 toys per week.
Find the rate at which (a) revenue and (b) profit are changing.
Transcribed Image Text:15. A company that manufactures pet toys calculates that its costs and revenue can be modeled by x2 where x is the number of toys produced in one 4 the equations C=75000+1.5x and R=200 x- week. Production during one particular week is 300 toys and is increasing at a rate of 60 toys per week. Find the rate at which (a) revenue and (b) profit are changing.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Knowledge Booster
Application of Algebra
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, calculus and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Algebra for College Students
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning