The manager of a company that produces graphing calculators determines that when x thousand calculators are produced,

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The manager of a company that produces graphing calculators determines that when x thousand calculators are produced, they will all be sold when the price is


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dollars per calculator.


a. At what rate is demand p(x) changing with respect to the level of production x when 3,000 (x = 3) calculators are produced?


b. The revenue derived from the sale of x thousand calculators is R(x) = xp(x) thousand dollars. At what rate is revenue changing when 3,000 calculators are produced? Is revenue increasing or decreasing at this level of production?

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Calculus For Business, Economics And The Social And Life Sciences

ISBN: 9780073532387

11th Brief Edition

Authors: Laurence Hoffmann, Gerald Bradley, David Sobecki, Michael Price

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