   Chapter 11.3, Problem 104E Finite Mathematics and Applied Cal...

7th Edition
Stefan Waner + 1 other
ISBN: 9781337274203

Solutions

Chapter
Section Finite Mathematics and Applied Cal...

7th Edition
Stefan Waner + 1 other
ISBN: 9781337274203
Textbook Problem

You and I are both selling T-shirts for a steady $20 per shirt. Sales of my T-shirts are increasing at twice the rate of yours, but you are currently selling twice as many as I am. Whose revenue is increasing faster: yours, mine, or neither? Explain. To determine The person whose revenue is increasing faster if two persons A and B are selling T-shirts at$20 per shirt and the sales of B is increasing twice as fast as A, but currently A is selling twice T-shirts as many as A.

Explanation

Revenues are basically defined as the product of price and sales.

It is declared in the article that annual revenue is increasing due to product of increase in price by increase in sales.

Rate of change of revenue is basically given by dRdt=sdpdt+pdsdt

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