A company's Business Strategist determines that the total sales, in thousands of dollars, for a region can be modeled by f(1) = 700 + 471 log₂ (1) where l is the number of franchise locations in the region. Determine f'(1) = ƒ'(5) = Which of the following is the best interpretation of f(5) Select an answer Select an answer With 5 locations, the total sales will be $1794,000. With 5 locations, the total sales will be $1794. With 2 locations, the total sales will be $1171,000. With 1794 locations, the total sales will be $5. With 2 locations, 1171 products are sold. With 5 locations, 1794 products are sold. With 1794 locations, the total sales will be $5,000. = 1794? of f'(10) = 68?
A company's Business Strategist determines that the total sales, in thousands of dollars, for a region can be modeled by f(1) = 700 + 471 log₂ (1) where l is the number of franchise locations in the region. Determine f'(1) = ƒ'(5) = Which of the following is the best interpretation of f(5) Select an answer Select an answer With 5 locations, the total sales will be $1794,000. With 5 locations, the total sales will be $1794. With 2 locations, the total sales will be $1171,000. With 1794 locations, the total sales will be $5. With 2 locations, 1171 products are sold. With 5 locations, 1794 products are sold. With 1794 locations, the total sales will be $5,000. = 1794? of f'(10) = 68?
Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
Related questions
Question
11

Transcribed Image Text:A company's Business Strategist determines that the total sales, in thousands of dollars, for a region can be
modeled by
f(1) = 700 + 471 log₂ (1)
where is the number of franchise locations in the region.
Determine f'(1) =
ƒ'(5) =
Which of the following is the best interpretation of f(5) = 1794?
Select an answer
Select an answer
of f'(10) = 68?
With 5 locations, the total sales will be $1794,000.
With 5 locations, the total sales will be $1794.
With 2 locations, the total sales will be $1171,000.
With 1794 locations, the total sales will be $5.
With 2 locations, 1171 products are sold.
With 5 locations, 1794 products are sold.
With 1794 locations, the total sales will be $5,000.

Transcribed Image Text:A company's Business Strategist determines that the total sales, in thousands of dollars, for a region can be
modeled by
f(1) = 700 + 471 log₂ (1)
-
where I is the number of franchise locations in the region.
Determine f'(1) =
f'(5) =
Which of the following is the best interpretation of f(5) = 1794?
Select an answer
Which of the following is the best interpretation of f'(10) = 68?
Select an answer
Select an answer
With 10 locations, the total sales would increase $68,000 if one location were added.
With 10 locations, the total sales will be $68,000.
With 10 locations, the total sales will be $1794,000.
With 1794 locations, the total sales will be $10,000.
With 2 locations, the total sales would increase $1171,000 if one location were added.
With 68 locations, the total sales would increase $10,000 if one location were added.
With 2 locations, 1171 products are sold.
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps

Recommended textbooks for you

Calculus: Early Transcendentals
Calculus
ISBN:
9781285741550
Author:
James Stewart
Publisher:
Cengage Learning

Thomas' Calculus (14th Edition)
Calculus
ISBN:
9780134438986
Author:
Joel R. Hass, Christopher E. Heil, Maurice D. Weir
Publisher:
PEARSON

Calculus: Early Transcendentals (3rd Edition)
Calculus
ISBN:
9780134763644
Author:
William L. Briggs, Lyle Cochran, Bernard Gillett, Eric Schulz
Publisher:
PEARSON

Calculus: Early Transcendentals
Calculus
ISBN:
9781285741550
Author:
James Stewart
Publisher:
Cengage Learning

Thomas' Calculus (14th Edition)
Calculus
ISBN:
9780134438986
Author:
Joel R. Hass, Christopher E. Heil, Maurice D. Weir
Publisher:
PEARSON

Calculus: Early Transcendentals (3rd Edition)
Calculus
ISBN:
9780134763644
Author:
William L. Briggs, Lyle Cochran, Bernard Gillett, Eric Schulz
Publisher:
PEARSON

Calculus: Early Transcendentals
Calculus
ISBN:
9781319050740
Author:
Jon Rogawski, Colin Adams, Robert Franzosa
Publisher:
W. H. Freeman


Calculus: Early Transcendental Functions
Calculus
ISBN:
9781337552516
Author:
Ron Larson, Bruce H. Edwards
Publisher:
Cengage Learning