The revenue per month earned by the Couture clothing chain at timetisR(t) =N(t)S(t),whereN(t) is the number of stores andS(t) is the average revenue per store per month. Couturereleases a statement to their investors saying that currently they have 50 stores with a total revenueof$7,500,000 and expect to increase the number of stores by about 2 stores per month and increasetotal revenue by about$250,000 per month. What does this statement imply about the current rateof change of the average revenue per store per month

The revenue per month earned by the Couture clothing chain at timetisR(t) =N(t)S(t),whereN(t) is the number of stores andS(t) is the average revenue per store per month. Couturereleases a statement to their investors saying that currently they have 50 stores with a total revenueof$7,500,000 and expect to increase the number of stores by about 2 stores per month and increasetotal revenue by about$250,000 per month. What does this statement imply about the current rateof change of the average revenue per store per month

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter6: Exponential And Logarithmic Functions

Section6.8: Fitting Exponential Models To Data

Problem 1TI: Table 2 shows a recent graduate’s credit card balance each month after graduation. a. Use...

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