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A company selling widgets has found that the number of items sold, x, depends upon the price, p at which 30000 they're sold, according the equation = (0.6p + 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 $3 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 which 30000 they're sold, according the equation = (0.6p + 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 $3 each. Revenue is changing at a rate of dollars per month.

Advanced Engineering Mathematics
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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A company selling widgets has found that the number of items sold, x, depends upon the price, p at which 30000 they're sold, according the equation = (0.6p + 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 $3 each. Revenue is changing at a rate of dollars per month.
Transcribed Image Text:A company selling widgets has found that the number of items sold, x, depends upon the price, p at which 30000 they're sold, according the equation = (0.6p + 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 $3 each. Revenue is changing at a rate of dollars per month.
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