Pierce Manufacturing determines that the daily revenue, in dollars, from the sale of x lawn chairs is R(x)=0.005x³ +0.01x² +0.4x. Currently, Pierce sells 80 lawn chairs daily. a) What is the current daily revenue? b) How much would revenue increase if 85 lawn chairs were sold each day? c) What is the marginal revenue when 80 lawn chairs are sold daily? d) Use the answer from part (c) to estimate R(81), R(82), and R(83). a) The current revenue is $ ***

Elementary Geometry For College Students, 7e
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ISBN:9781337614085
Author:Alexander, Daniel C.; Koeberlein, Geralyn M.
Publisher:Alexander, Daniel C.; Koeberlein, Geralyn M.
Chapter8: Areas Of Polygons And Circles
Section8.4: Cicumference And Area Of A Cicle
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Pierce Manufacturing determines that the daily revenue, in dollars, from the sale of x lawn chairs is
R(x)=0.005x³ +0.01x² +0.4x. Currently, Pierce sells 80 lawn chairs daily.
a) What is the current daily revenue?
b) How much would revenue increase if 85 lawn chairs were sold each day?
c) What is the marginal revenue when 80 lawn chairs are sold daily?
d) Use the answer from part (c) to estimate R(81), R(82), and R(83).
a) The current revenue is $
...
Transcribed Image Text:Pierce Manufacturing determines that the daily revenue, in dollars, from the sale of x lawn chairs is R(x)=0.005x³ +0.01x² +0.4x. Currently, Pierce sells 80 lawn chairs daily. a) What is the current daily revenue? b) How much would revenue increase if 85 lawn chairs were sold each day? c) What is the marginal revenue when 80 lawn chairs are sold daily? d) Use the answer from part (c) to estimate R(81), R(82), and R(83). a) The current revenue is $ ...
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