The manager of a company that produces graphing calculators determines that when x thousand calculators are produced, they will all be sold when the price is p(x) = 800/0.2x2+6 dollars per calculator. The revenue derived from the sale of x thousand calculators is R(x)=xp(x)  thousand dollars. At what rate is revenue changing when 3000 calculators are produced? Is revenue increasing or decreasing at this level of production?

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter5: Polynomial And Rational Functions
Section5.1: Quardratic Functions
Problem 74SE: A soccer stadium holds 62,000 spectators. With aticket price of$11, the average attendance has...
icon
Related questions
Question
Solve the problem.

The manager of a company that produces graphing calculators determines that when x thousand calculators are produced, they will all be sold when the price is

p(x) = 800/0.2x2+6

dollars per calculator. The revenue derived from the sale of x thousand calculators is R(x)=xp(x)  thousand dollars. At what rate is revenue changing when 3000 calculators are produced? Is revenue increasing or decreasing at this level of production?

 
 
 
 
 
 
 
 
 
 
 
 
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 4 images

Blurred answer
Similar questions
Recommended textbooks for you
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Algebra for College Students
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9780998625720
Author:
Lynn Marecek
Publisher:
OpenStax College
College Algebra
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
Algebra and Trigonometry (MindTap Course List)
Algebra and Trigonometry (MindTap Course List)
Algebra
ISBN:
9781305071742
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning