A bicycle manufacturer expects that x months from now consumers will be buying 5,000 bicycles per month
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A bicycle manufacturer expects that x months from now consumers will be buying 5,000 bicycles per month at the price of P(x) = 200 + 3√x dollars per bicycle. What is the average revenue the manufacturer can expect from the sale of the bicycles over the next 16 months?
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The price per month is Px 200 3x per bicycl...View the full answer
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Related Book For
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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