The revenue per month earned by the Couture clothing chain at time tis R(t) = N(t)S(t), where N(t) is the number of stores and S(t) is the average revenue per store per month. Couture releases a statement to their investors saying that currently they have 50 stores with a total revenue of $7,500,000 and expect to increase the number of stores by about 2 stores per month and increase total revenue by about $250,000 per month. What does this statement imply about the current rate of change of the average revenue per store per month?
The revenue per month earned by the Couture clothing chain at time tis R(t) = N(t)S(t), where N(t) is the number of stores and S(t) is the average revenue per store per month. Couture releases a statement to their investors saying that currently they have 50 stores with a total revenue of $7,500,000 and expect to increase the number of stores by about 2 stores per month and increase total revenue by about $250,000 per month. What does this statement imply about the current rate of change of the average revenue per store per month?
Chapter10: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 442RE: Jerome invests $18,000 at age 17. He hopes the investments will be worth $30,000 when he turns 26....
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Question 6 The revenue per month earned by the Couture clothing chain at time tis R(t) = N(t)S(t), where N(t) is the number of stores and S(t) is the average revenue per store per month. Couture releases a statement to their investors saying that currently they have 50 stores with a total revenue of $7,500,000 and expect to increase the number of stores by about 2 stores per month and increase total revenue by about $250,000 per month. What does this statement imply about the current rate of change of the average revenue per store per month?
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