The revenue R (in dollars) for a company selling x units is R = 700x - 0.1x2. dR (a) Find the marginal revenue, dx dR dx Use differentials to approximate the change in revenue as the sales increase from 3,000 units to 3,100 units. (Round your answer to the nearest dollar. $ (b) Find the actual change in revenue as the sales increase from 3,000 units to 3,100 units. (Round your answer to the nearest dollar.) $

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter3: Polynomial Functions
Section3.5: Mathematical Modeling And Variation
Problem 7ECP: The kinetic energy E of an object varies jointly with the object’s mass m and the square of the...
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The revenue R (in dollars) for a company selling x units is R = 700x − 0.1x2.

(a)Find the marginal revenue, dr/dx
 
Use differentials to approximate the change in revenue as the sales increase from 3,000 units to 3,100 units. (Round your answer to the nearest dollar.)
 
(b)
Find the actual change in revenue as the sales increase from 3,000 units to 3,100 units. (Round your answer to the nearest dollar.)
 
The revenue R (in dollars) for a company selling x units is R = 700x - 0.1x2.
dR
(a) Find the marginal revenue,
dx
dR
dx
Use differentials to approximate the change in revenue as the sales increase from 3,000 units to 3,100 units. (Round your answer to the nearest dollar.)
(b) Find the actual change in revenue as the sales increase from 3,000 units to 3,100 units. (Round your answer to the nearest dollar.)
Transcribed Image Text:The revenue R (in dollars) for a company selling x units is R = 700x - 0.1x2. dR (a) Find the marginal revenue, dx dR dx Use differentials to approximate the change in revenue as the sales increase from 3,000 units to 3,100 units. (Round your answer to the nearest dollar.) (b) Find the actual change in revenue as the sales increase from 3,000 units to 3,100 units. (Round your answer to the nearest dollar.)
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