Question
Find the rate of change of total revenue, cost, and profit with respect to time. Assume that R(x) and C(x) are in dollars. R(x) =
Find the rate of change of total revenue, cost, and profit with respect to time. Assume that R(x) and C(x) are in dollars.
R(x) = 60x - 0.5x 2 , C(x) = 6x + 20, when x = 25 and dx / dt = 20 units per day
1. Find the rate of change of total revenue per day
2. Find the rate of change of total cost per day
3. Find the rate of change of total profit per day
Step by Step Solution
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There are 3 Steps involved in it
Step: 1
1 Differentiate R with t Therefore th...
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Step: 2
Step: 3
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College Algebra Graphs and Models
Authors: Marvin L. Bittinger, Judith A. Beecher, David J. Ellenbogen, Judith A. Penna
5th edition
321845404, 978-0321791009, 321791002, 978-0321783950, 321783956, 978-0321845405
