Homework Help is Here – Start Your Trial Now!
Math
Advanced Math
Pierce Manufacturing determines that the daily revenue, in dollars, from the sale of x lawn chairs is R(x)=0.005x² +0.04x² +0.4x Currently. Pierce sells 50 lawn chairs daily a) What is the current daily revenue? b) How much would revenue increase if 54 lawn chairs were sold each day? c) What is the marginal revenue when 50 lawn chairs are sold daily? d) Use the answer from part (c) to estimate R(51), R(52), and R(53). a) The current revenue is $ b) The revenue would increase by $ (Round to the nearest cent) c) The marginal revenue is $when 50 lawn chairs are sold daily d) R(51) R(52) S R(53) $

Pierce Manufacturing determines that the daily revenue, in dollars, from the sale of x lawn chairs is R(x)=0.005x² +0.04x² +0.4x Currently. Pierce sells 50 lawn chairs daily a) What is the current daily revenue? b) How much would revenue increase if 54 lawn chairs were sold each day? c) What is the marginal revenue when 50 lawn chairs are sold daily? d) Use the answer from part (c) to estimate R(51), R(52), and R(53). a) The current revenue is $ b) The revenue would increase by $ (Round to the nearest cent) c) The marginal revenue is $when 50 lawn chairs are sold daily d) R(51) R(52) S R(53) $

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
See similar textbooks
icon
Related questions
Question
Pierce Manufacturing determines that the daily revenue, in dollars, from the sale of x lawn chairs is R(x)=0.005x +0.04x²+0.4x Currently, Pierce sells 50 lawn chairs daily. a) What is the current daily revenue? b) How much would revenue increase if 54 lawn chairs were sold each day? c) What is the marginal revenue when 50 lawn chairs are sold daily? d) Use the answer from part (c) to estimate R(51), R(52), and R(53). a) The current revenue is $ b) The revenue would increase by $ c) The marginal revenue is $when d) R(51) $ S R(52) S R(53) $ (Round to the nearest cent.) 50 lawn chairs are sold daily
Transcribed Image Text:Pierce Manufacturing determines that the daily revenue, in dollars, from the sale of x lawn chairs is R(x)=0.005x +0.04x²+0.4x Currently, Pierce sells 50 lawn chairs daily. a) What is the current daily revenue? b) How much would revenue increase if 54 lawn chairs were sold each day? c) What is the marginal revenue when 50 lawn chairs are sold daily? d) Use the answer from part (c) to estimate R(51), R(52), and R(53). a) The current revenue is $ b) The revenue would increase by $ c) The marginal revenue is $when d) R(51) $ S R(52) S R(53) $ (Round to the nearest cent.) 50 lawn chairs are sold daily
Expert Solution
steps

Step by step

Solved in 3 steps with 3 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Recommended textbooks for you
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
SEE MORE TEXTBOOKS