Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

For a certain company, the relationship between revenue R (in millions) and number of employees n (in thousands) can be approximated by the following equation

image text in transcribed

image text in transcribed
For a certain company, the relationship between revenue R (in millions) and number of employees n (in thousands) can be approximated by the following equation shown below. 4R =961nS In 2012, the company generated revenue of $39 billion, had 184,000 employees, and was adding employees at the rate of 10,000 per year. Find the rate of change of revenue with respect to time. About $ billion per year. (Round to the nearest billion as needed.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

The Company Valuation Playbook Invest With Confidence

Authors: Charles Sunnucks

1st Edition

1838470816, 978-1838470814

Students also viewed these Mathematics questions