Question
The revenue obtained from the sale of q units of a product is given by :
R= 30q-(0.3q^2)
A) How fast does R change with respect to q when:
q=10
B) Find the relative rate of change of R, and to the nearest percent, find the percentage rate of change of R.
R= 30q-(0.3q^2)
A) How fast does R change with respect to q when:
q=10
B) Find the relative rate of change of R, and to the nearest percent, find the percentage rate of change of R.
Answers
Reiny
dR/dq = 30 - .6q
so when q = 10
dR/dq = 30 - .6(10) = 24
so when q = 10
dR/dq = 30 - .6(10) = 24
Josie
Oh! So, then the relative rate is: R1/R = 30-.6q/30q-(0.3q^2) ?
Josie
Which is 9%?