Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

chairs daily. Pierce Manufacturing determines that the daily revenue, in dollars, from the sale of x lawn chairs is R(x) = 0.005x + 0.04x- +

image text in transcribed

image text in transcribed
chairs daily. Pierce Manufacturing determines that the daily revenue, in dollars, from the sale of x lawn chairs is R(x) = 0.005x + 0.04x- + 0.7x Currently, Pierce sells 70 lawn a) What is the current daily revenue? b) How much would revenue increase if 72 lawn chairs were sold each day? c) What is the marginal revenue when 70 lawn chairs are sold daily? d) Use the answer from part (c) to estimate R(71), R(72), and R(73). a) The current revenue is $ b) The revenue would increase by $ (Round to the nearest cent.) c) The marginal revenue is $ | when 70 lawn chairs are sold daily d) R(71) = $ R(72) = $ R(73) = $ Submit Quiz X Course Home X Chapter 4 Flashcards | Quizlet Help henvellum.ecollege.com/course.html?courseld=16900945&OpenVellumHMAC=a686d6134e591/74641659613fa96141#. Sign Out Hi, Luke Grades for Luke Masaschi. WPOX -210 Fall C 2021

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Elementary Linear Programming With Applications

Authors: Bernard Kolman, Robert E Beck

2nd Edition

0080530796, 9780080530796

More Books

Students also viewed these Mathematics questions

Question

Interpret the results from Exercises 9.119.13.

Answered: 1 week ago

Question

=+c) What do you conclude about the average value of the

Answered: 1 week ago