Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

T Homework Homework Question 8, 11.3.31-BE Part 1 of 2 The revenue (in thousands of dollars) from producing x units of an item is modeled

image text in transcribed
T Homework

Homework Question 8, 11.3.31-BE Part 1 of 2 The revenue (in thousands of dollars) from producing x units of an item is modeled by R(x) = 1 lx - 0.005x 2 a. Find the average rate of change in revenue as x changes from 1003 to 1006. b. Find the marginal revenue at x= 1000. a. The average rate of change in revenue is dollars per unit. (Do not round until the final answer. Then round to the nearest dollar as needed.)

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

WebAssign For College Algebra And Calculus An Applied Approach

Authors: Ron Larson

2nd Edition

133776843X, 9781337768436

More Books

Students also viewed these Mathematics questions