Refer to Example 1. Approximate the revenue if 2,000 units are produced and if 5,000 units are

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Refer to Example 1. Approximate the revenue if 2,000 units are produced and if 5,000 units are produced.


Data from Example 1

A manufacturing company has defined the revenue function for one of its products by examining past records and listing the revenue (in thousands of dollars) for certain levels of production (in thousands of units). Use the revenue function defined by Table 2 to estimate the revenue if 3,000 units are produced and if 7,000 units are produced.

Table 2 Revenue R Defined as a Function of Production x by a Table 6 40 1 R(x) 65 4 80 8 16

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Finite Mathematics For Business Economics Life Sciences And Social Sciences

ISBN: 9780134862620

14th Edition

Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker

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