A company can charge a price of 76 dollars per unit when they sell 420 units. If the price increases by 3 dollars then the number of units that they sell drops by 7. The revenue function for this company is as follows: R(x) = (76 + 3x) (420 – 7x) where is the number of additional units sold beyond 420. Use the Product Rule to find the derivative of R(x) R'(x) = =
A company can charge a price of 76 dollars per unit when they sell 420 units. If the price increases by 3 dollars then the number of units that they sell drops by 7. The revenue function for this company is as follows: R(x) = (76 + 3x) (420 – 7x) where is the number of additional units sold beyond 420. Use the Product Rule to find the derivative of R(x) R'(x) = =
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Transcribed Image Text:A company can charge a price of 76 dollars per unit when they sell 420 units. If the price increases by 3
dollars then the number of units that they sell drops by 7. The revenue function for this company is as
follows:
R(x) = (76 + 3x) (420 – 7x)
where is the number of additional units sold beyond 420.
Use the Product Rule to find the derivative of R(x)
R'(x) =
=
Expert Solution

Step 1
The given problem is to find the derivative of the given function R(x)=(76+3x)(420-7x) by using Product rule method.
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