Concept explainers
Matched Problem 4 Repeat Example 4 with production increasing from 6,000 to 6,010.
EXAMPLE 4 Cost–Revenue A company manufactures and sells x microprocessors per week. If the weekly cost and revenue equations are
then use differentials to approximate the changes in revenue and profit if production is increased from 2,000 to 2,010 units per week.
Want to see the full answer?
Check out a sample textbook solutionChapter 2 Solutions
Calculus for Business, Economics, Life Sciences and Social Sciences Books a la Carte Edition Plus NEW MyLab Math with Pearson eText -- Access Card Package (13th Edition)
- Does the equation y=2.294e0.654t representcontinuous growth, continuous decay, or neither?Explain.arrow_forwardbThe average rate of change of the linear function f(x)=3x+5 between any two points is ________.arrow_forwardSuppose that a particular plot of land can sustain 500 deer and that the population of this particular species of deer can be modeled according to the logistic model as dPdt=0.2(1P500)P. Each year, a proportion of the herd deer is sold to petting zoos. a. Find the function that gives the equilibrium population for various proportions. b. Determine the maximum number of deer that should be sold to petting zoos each year. Hint: Find the maximum sustainable harvestarrow_forward
- Algebra & Trigonometry with Analytic GeometryAlgebraISBN:9781133382119Author:SwokowskiPublisher:CengageCollege Algebra (MindTap Course List)AlgebraISBN:9781305652231Author:R. David Gustafson, Jeff HughesPublisher:Cengage LearningCalculus For The Life SciencesCalculusISBN:9780321964038Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.Publisher:Pearson Addison Wesley,
- Algebra and Trigonometry (MindTap Course List)AlgebraISBN:9781305071742Author:James Stewart, Lothar Redlin, Saleem WatsonPublisher:Cengage Learning