A company selling widgets has found that the number of items sold, x, depends upon the price, p at whic 70000 they're sold, according the equation (0.5p + 1)² Due to inflation and increasing health benefit costs, the company has been increasing the price by $0.06 per month. Find the rate at which revenue is changing when the company is selling widgets at $4 each. Revenue is changing at a rate of dollars per month.
A company selling widgets has found that the number of items sold, x, depends upon the price, p at whic 70000 they're sold, according the equation (0.5p + 1)² Due to inflation and increasing health benefit costs, the company has been increasing the price by $0.06 per month. Find the rate at which revenue is changing when the company is selling widgets at $4 each. Revenue is changing at a rate of dollars per month.
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter2: Functions And Graphs
Section2.3: Linear Functions And Slope
Problem 105E
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