revenue r(x) = quantity * price = x * p
Assuming the usual carelessness with parentheses, I get
r = 80000p√(2p+1)
dr/dt = 80000 * (3p+1)/√(2p+1) dp/dt
so plug in your numbers to ger
dr/dt = 80000 631/√421 * 3 ≈ $7.38M/mo
A company selling widgets has found that the number of items sold
x depends upon the price pat which they're sold, according the equation
x=80000√2p+1 .
Due to inflation and increasing health benefit costs, the company has been increasing the price by $3 per month. Find the rate at which revenue is changing when the company is selling widgets at $210 each.
dollars per month
2 answers
This is far from the right answer. The correct answer is 5862.33
If you don't know what your talking about, don't respond.
If you don't know what your talking about, don't respond.