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The revenue in dollars generated from a sale of x picnic tables is given by R(x) = 48x - Answer parts (a) through 250 (d). (a) Find the marginal revenue when 4000 tables are sold. (b) Estimate the revenue from the sale of the 4001st table by finding R'(4000). (c) Determine the actual revenue from the sale of the 4001st table. (d) Compare your answers for parts (b) and (c). What do you find? (a) To find the marginal revenue, start by finding the derivative of R(x) = 48x — - 250 R'(x) =

The revenue in dollars generated from a sale of x picnic tables is given by R(x) = 48x - Answer parts (a) through 250 (d). (a) Find the marginal revenue when 4000 tables are sold. (b) Estimate the revenue from the sale of the 4001st table by finding R'(4000). (c) Determine the actual revenue from the sale of the 4001st table. (d) Compare your answers for parts (b) and (c). What do you find? (a) To find the marginal revenue, start by finding the derivative of R(x) = 48x — - 250 R'(x) =

Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter7: Analytic Trigonometry
Section7.6: The Inverse Trigonometric Functions
Problem 94E
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The revenue in dollars generated from a sale of x picnic tables is given by R(x) = 48x - Answer parts (a) through 250 (d). (a) Find the marginal revenue when 4000 tables are sold. (b) Estimate the revenue from the sale of the 4001st table by finding R'(4000). (c) Determine the actual revenue from the sale of the 4001st table. (d) Compare your answers for parts (b) and (c). What do you find? (a) To find the marginal revenue, start by finding the derivative of R(x) = 48x — - 250 R'(x) =
Transcribed Image Text:The revenue in dollars generated from a sale of x picnic tables is given by R(x) = 48x - Answer parts (a) through 250 (d). (a) Find the marginal revenue when 4000 tables are sold. (b) Estimate the revenue from the sale of the 4001st table by finding R'(4000). (c) Determine the actual revenue from the sale of the 4001st table. (d) Compare your answers for parts (b) and (c). What do you find? (a) To find the marginal revenue, start by finding the derivative of R(x) = 48x — - 250 R'(x) =
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