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Concept explainers
Revenue. Revenues from sales of a soft drink over a 2-year period are given approximately by
where R(t) is revenue (in millions of dollars) for a month of sales t months after February 1.
(A) What is the rate of change of revenue t months after February 1?
(B) What is the rate of change of revenue 1 month after February 1? 6 months after February 1? 11 months after February 1?
(C) Find all
(D) Find the absolute maximum and minimum for 0
(E) Repeat part (C), using a graphing calculator.
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Chapter 8 Solutions
EBK CALCULUS FOR BUSINESS, ECONOMICS, L
- Use the total differential to approximate each quantity. Then use a calculator to approximate the quantity, and give the absolute value of the differences in the two results to 4decimal places. 2.03ln1.02arrow_forwardRepeat the previous exercise to find the formula forthe APY of an account that compounds daily. Usethe results from this and the previous exercise todevelop a function I(n)for the APY of any accountthat compounds n times per year.arrow_forwardYOUR TURN Suppose x are y are both functions of t and x3+2xy+y2=1. If x=1, y=2, and dxdt=6, then find dydt.arrow_forward
- Calculus For The Life SciencesCalculusISBN:9780321964038Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.Publisher:Pearson Addison Wesley,Algebra & Trigonometry with Analytic GeometryAlgebraISBN:9781133382119Author:SwokowskiPublisher:Cengage
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