Pierce Manufacturing determines that the daily revenue, in dollars, from the sale of x lawn chairs is R(x) = 0.004x³ +0.02x² +0.5x. Currently, Pierce sells 60 lawn chairs daily. a) What is the current daily revenue? b) How much would revenue increase if 64 lawn chairs were sold each day? c) What is the marginal revenue when 60 lawn chairs are sold daily? d) Use the answer from part (c) to estimate R(61), R(62), and R(63). a) The current revenue is $ b) The revenue would increase by $ (Round to the nearest cent.) c) The marginal revenue is $ when 60 lawn chairs are sold daily. d) R(61) $ R(62) $ R(63) $
Pierce Manufacturing determines that the daily revenue, in dollars, from the sale of x lawn chairs is R(x) = 0.004x³ +0.02x² +0.5x. Currently, Pierce sells 60 lawn chairs daily. a) What is the current daily revenue? b) How much would revenue increase if 64 lawn chairs were sold each day? c) What is the marginal revenue when 60 lawn chairs are sold daily? d) Use the answer from part (c) to estimate R(61), R(62), and R(63). a) The current revenue is $ b) The revenue would increase by $ (Round to the nearest cent.) c) The marginal revenue is $ when 60 lawn chairs are sold daily. d) R(61) $ R(62) $ R(63) $
Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter10: Inequalities
Section10.3: Solving Problems Involving Inequalities
Problem 14P
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