Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The revenue (in dollars) from the sale of x car seats for infants is given by the following function. R(x)=24x0.010x2 The revenue (in dollars) from
The revenue (in dollars) from the sale of x car seats for infants is given by the following function.
R(x)=24x0.010x2
The revenue (in dollars) from the sale of x car seats for infants is given by the following function. R(x) = 24x 0.010x2 0 s x s 2400 (A) Find the average change in revenue if production is changed from 1,000 car seats to 1,050 car seats. (B) Use the four-step process to nd R'(x). (C) Find the revenue and the instantaneous rate of change of revenue at a production level of 1,000 car seats, and interpret the results. (A) Find the average change in revenue if production is changed from 1,000 car seats to 1,050 car seats. |:| (Round to one decimal place as needed.) (B) W") = (C) R(1000)= |:| R'(1000) = Interpret these results. Choose the correct answer below. 0 A. This means that at a production level of 1.000 car seats, the revenue is R(1000) dollars and is increasing at a rate of R' (1000) dollars per seat. 0 B. This means that at a production level of 1.000 car seats, the revenue is R(1000) dollars and is decreasing at a rate of R'(1000) dollars per seat. 0 C. This means that at a production level of 1.000 car seats, the revenue is R'(1000) dollars and is increasing at a rate of R(1000) dollars per seatStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started