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Pierce Manufacturing determines that the daily revenue, in dollars, from the sale of x lawn chairs is R(x) = 0.004x³ +0.04x² +0.5x. Currently, Pierce sells 60 lawn chairs daily. a) What is the current daily revenue? b) How much would revenue increase if 62 lawn chairs were sold each day? c) What is the marginal revenue when 60 lawn chairs are sold daily? d) Use the answer from part (c) to estimate R(61), R(62), and R(63) *** a) The current revenue is $ b) The revenue would increase by $ (Round to the nearest cent.) c) The marginal revenue is $ when 60 lawn chairs are sold daily.

Pierce Manufacturing determines that the daily revenue, in dollars, from the sale of x lawn chairs is R(x) = 0.004x³ +0.04x² +0.5x. Currently, Pierce sells 60 lawn chairs daily. a) What is the current daily revenue? b) How much would revenue increase if 62 lawn chairs were sold each day? c) What is the marginal revenue when 60 lawn chairs are sold daily? d) Use the answer from part (c) to estimate R(61), R(62), and R(63) *** a) The current revenue is $ b) The revenue would increase by $ (Round to the nearest cent.) c) The marginal revenue is $ when 60 lawn chairs are sold daily.

Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter7: Analytic Trigonometry
Section7.6: The Inverse Trigonometric Functions
Problem 94E
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Pierce Manufacturing determines that the daily revenue, in dollars, from the sale of x lawn chairs is R(x) = 0.004x³ +0.04x² +0.5x Currently, Pierce sells 60 lawn chairs daily a) What is the current daily revenue? b) How much would revenue increase if 62 lawn chairs were sold each day? c) What is the marginal revenue when 60 lawn chairs are sold daily? d) Use the answer from part (c) to estimate R(61), R(62), and R(63). a) The current revenue is $ b) The revenue would increase by $ (Round to the nearest cent.) c) The marginal revenue is $ when 60 lawn chairs are sold daily. d) R(61) $ R(62) $ R(63) $
Transcribed Image Text:Pierce Manufacturing determines that the daily revenue, in dollars, from the sale of x lawn chairs is R(x) = 0.004x³ +0.04x² +0.5x Currently, Pierce sells 60 lawn chairs daily a) What is the current daily revenue? b) How much would revenue increase if 62 lawn chairs were sold each day? c) What is the marginal revenue when 60 lawn chairs are sold daily? d) Use the answer from part (c) to estimate R(61), R(62), and R(63). a) The current revenue is $ b) The revenue would increase by $ (Round to the nearest cent.) c) The marginal revenue is $ when 60 lawn chairs are sold daily. d) R(61) $ R(62) $ R(63) $
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