Pierce Manufacturing determines that the daily revenue, in dollars, from the sale of x lawn chairs is R(x) = 0.006x° +0.02x + 0.8x. Currently, Pierce sells 80 lawn chairs daily. a) What is the current daily revenue? b) How much would revenue increase if 82 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).

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) = 0.006x +0.02x? + 0.8x. Currently, Pierce sells 80 lawn chairs daily.
a) What is the current daily revenue?
b) How much would revenue increase if 82 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 $
b) The revenue would increase by $. (Round to the nearest cent.)
c) The marginal revenue is $ when 80 lawn chairs are sold daily.
d) R(81) $
R(82) x $
R(83) a $
Transcribed Image Text:Pierce Manufacturing determines that the daily revenue, in dollars, from the sale of x lawn chairs is R(x) = 0.006x +0.02x? + 0.8x. Currently, Pierce sells 80 lawn chairs daily. a) What is the current daily revenue? b) How much would revenue increase if 82 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 $ b) The revenue would increase by $. (Round to the nearest cent.) c) The marginal revenue is $ when 80 lawn chairs are sold daily. d) R(81) $ R(82) x $ R(83) a $
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