A nut company is increasing production of a certain nut at the rate of 45 cases per day. All cases produced can be sold. The daily demand function is given by p = 40 −x/150 where x is the number of units produced (and sold) and p is price in dollars. Find the rate of change of revenue with respect to time (in days) when the daily production is 225 units. The revenue function is given by R = xp.

A nut company is increasing production of a certain nut at the rate of 45 cases per day. All cases produced can be sold. The daily demand function is given by p = 40 −x/150 where x is the number of units produced (and sold) and p is price in dollars. Find the rate of change of revenue with respect to time (in days) when the daily production is 225 units. The revenue function is given by R = xp.

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter3: Functions

Section3.2: Domain And Range

Problem 61SE: The cost in dollars of making x items is given by the function Cx)=10x+500. a. The fixed cost is...

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