Revenue

The revenue (in dollars) from the sale of x infant car seats is given by

R(x)=70x0.02x2,0x3500.

Use this revenue function to answer questions 11-14 below.

1. Use the revenue function above to answer this question.

Find the average rate of change in revenue if the production is changed from 971 car seats to 1,039 car seats. Round to the nearest cent.

$ per car seat produced

2. Use the revenue function above to answer this question.

Compute R(x).

Group of answer choices

R(x)=140+0.04x

R(x)=70x0.04x2

R(x)=70x0.02x2

R(x)=70+0.04x

R(x)=700.04x

3. Use the revenue function above to answer this question.

Find the instantaneous rate of change of revenue at production level of 921 car seats. Round to the nearest cent per seat.

$ per car seat

4.) Use the revenue function above to answer this question.

Suppose the production level is 709 car seats. Compute the instantaneous rate of change of revenue at this production level. Is the revenue 1. increasing or 2. decreasing?

Enter 1 or 2.