Question 14 : A company selling widgets has found that the number of items sold, x, depends upon the price, p at which they're sold, according the equation x=70000/(0.5p+1)2x=70000(0.5p+1)2Due to inflation and increasing health benefit costs, the company has been increasing the price by $0.03 per month. Find the rate at which revenue is changing when the company is selling widgets at $8 each.Revenue is decreasing by __________ dollars per monthHint: Give your answer as a positive value. A company selling widgets has found that the number of items sold, x, depends upon the price, p at which70000they're sold, according the equation(0.5p + 1)²Due to inflation and increasing health benefit costs, the company has been increasing the price by $0.03per month. Find the rate at which revenue is changing when the company is selling widgets at $8 each.Revenue is decreasing bydollars per monthHint: Give your answer as a positive value.

Answered: A company selling widgets has found…

Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015

1st Edition

ISBN:9781680331141

Author:HOUGHTON MIFFLIN HARCOURT

Publisher:HOUGHTON MIFFLIN HARCOURT

Chapter8: Graphing Quadratic Functions

Section: Chapter Questions

Problem 30CR

See similar textbooks

Related questions

Question

100%

Question 14 : A company selling widgets has found that the number of items sold, x, depends upon the price, p at which they're sold, according the equation x=70000/(0.5p+1)2x=70000(0.5p+1)2

Due to inflation and increasing health benefit costs, the company has been increasing the price by $0.03 per month. Find the rate at which revenue is changing when the company is selling widgets at $8 each.

Revenue is decreasing by __________ dollars per month

Hint: Give your answer as a positive value.