A manufacturer produces bolts of a fabric with a fixed width. The quantity q of this fabric (measured in yards) that is sold is a function of the selling price p (in dollars per yard), so we can write g = f(p). Then the total revenue earned with selling price p is R(p) = pf(p). (a) What does it mean to say that f(30) = 10,000? O There are 10,000 total yards of fabric and $275 to spend on it. O When the price of fabric is $30/yard, 10,000 yards will be sold. O When the price of fabric is $30/yard, 275 yards will be sold. O When the price of fabric is $275/yard, 30 yards will be sold. O There are 275 total yards of fabric and $30 to spend on it. What does it mean to say that f '(30) = -275? O As the price of the fabric decreases past $275/yard, the amount of fabric which will be sold is decreasing at a rate of $10,000 per (dollar per yard). O As the price of the fabric increases past $275/yard, the amount of fabric which will be sold is increasing at a rate of 30 yards per (dollar per yard). O As the price of the fabric decreases past $30/yard, the amount of fabric which will be sold is increasing at a rate of 10,000 yards per (dollar per yard). O As the price of the fabric decreases past $30/yard, the amount of fabric which will be sold is increasing at a rate of $275 per (dollar per yard). O As the price of the fabric increases past $30/yard, the amount of fabric which will be sold is decreasing at a rate of 275 yards per (dollar per yard). (b) Assuming the values in part (a), find R'(30). R'(30) = Interpret your answer. O As the price of fabric increases past $30/yard, the total revenue is increasing at $1750 per (dollar per yard). O As the price of fabric decreases past $30/yard, the total revenue is decreasing at $10,000 per (dollar per yard). O As the price of fabric decreases past $275/yard, the total revenue is increasing at $1750 per (dollar per yard). O As the price of fabric increases past $30/yard, the total revenue is decreasing at $275 per (dollar per yard). O As the price of fabric increases past $275/yard, the total revenue is increasing at $10,000 per (dollar per yard).
A manufacturer produces bolts of a fabric with a fixed width. The quantity q of this fabric (measured in yards) that is sold is a function of the selling price p (in dollars per yard), so we can write g = f(p). Then the total revenue earned with selling price p is R(p) = pf(p). (a) What does it mean to say that f(30) = 10,000? O There are 10,000 total yards of fabric and $275 to spend on it. O When the price of fabric is $30/yard, 10,000 yards will be sold. O When the price of fabric is $30/yard, 275 yards will be sold. O When the price of fabric is $275/yard, 30 yards will be sold. O There are 275 total yards of fabric and $30 to spend on it. What does it mean to say that f '(30) = -275? O As the price of the fabric decreases past $275/yard, the amount of fabric which will be sold is decreasing at a rate of $10,000 per (dollar per yard). O As the price of the fabric increases past $275/yard, the amount of fabric which will be sold is increasing at a rate of 30 yards per (dollar per yard). O As the price of the fabric decreases past $30/yard, the amount of fabric which will be sold is increasing at a rate of 10,000 yards per (dollar per yard). O As the price of the fabric decreases past $30/yard, the amount of fabric which will be sold is increasing at a rate of $275 per (dollar per yard). O As the price of the fabric increases past $30/yard, the amount of fabric which will be sold is decreasing at a rate of 275 yards per (dollar per yard). (b) Assuming the values in part (a), find R'(30). R'(30) = Interpret your answer. O As the price of fabric increases past $30/yard, the total revenue is increasing at $1750 per (dollar per yard). O As the price of fabric decreases past $30/yard, the total revenue is decreasing at $10,000 per (dollar per yard). O As the price of fabric decreases past $275/yard, the total revenue is increasing at $1750 per (dollar per yard). O As the price of fabric increases past $30/yard, the total revenue is decreasing at $275 per (dollar per yard). O As the price of fabric increases past $275/yard, the total revenue is increasing at $10,000 per (dollar per yard).
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...
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![A manufacturer produces bolts of a fabric with a fixed width. The quantity q of this fabric (measured in yards) that is sold is a function of the selling price p (in dollars per yard), so we
can write q = f(p). Then the total revenue earned with selling price p is R(p) = pf(p).
(a) What does it mean to say that f(30) = 10,000?
O There are 10,000 total yards of fabric and $275 to spend on it.
O When the price of fabric is $30/yard, 10,000o yards will be sold.
O When the price of fabric is $30/yard, 275 yards will be sold.
O When the price of fabric is $275/yard, 30 yards will be sold.
O There are 275 total yards of fabric and $30 to spend on it.
What does it mean to say that f '(30) = - 275?
O As the price of the fabric decreases past $275/yard, the amount of fabric which will be sold is decreasing at a rate of $10,000 per (dollar per yard).
O As the price of the fabric increases past $275/yard, the amount of fabric which will be sold is increasing at a rate of 30 yards per (dollar per yard).
O As the price of the fabric decreases past $30/yard, the amount of fabric which will be sold is increasing at a rate of 10,000 yards per (dollar per yard).
O As the price of the fabric decreases past $30/yard, the amount of fabric which will be sold is increasing at a rate of $275 per (dollar per yard).
O As the price of the fabric increases past $30/yard, the amount of fabric which will be sold is decreasing at a rate of 275 yards per (dollar per yard).
(b) Assuming the values in part (a), find R'(30).
R'(30) =
Interpret your answer.
O As the price of fabric increases past $30/yard, the total revenue is increasing at $1750 per (dollar per yard).
O As the price of fabric decreases past $30/yard, the total revenue is decreasing at $10,000 per (dollar per yard).
O As the price of fabric decreases past $275/yard, the total revenue is increasing at $1750 per (dollar per yard).
O As the price of fabric increases past $30/yard, the total revenue is decreasing at $275 per (dollar per yard).
O As the price of fabric increases past $275/yard, the total revenue is increasing at $10,000 per (dollar per yard).](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3cf729f5-a615-4005-83c8-e305a5ce66ee%2F0085e17b-a428-496b-8490-ee691308482f%2F2x9imjf_processed.png&w=3840&q=75)
Transcribed Image Text:A manufacturer produces bolts of a fabric with a fixed width. The quantity q of this fabric (measured in yards) that is sold is a function of the selling price p (in dollars per yard), so we
can write q = f(p). Then the total revenue earned with selling price p is R(p) = pf(p).
(a) What does it mean to say that f(30) = 10,000?
O There are 10,000 total yards of fabric and $275 to spend on it.
O When the price of fabric is $30/yard, 10,000o yards will be sold.
O When the price of fabric is $30/yard, 275 yards will be sold.
O When the price of fabric is $275/yard, 30 yards will be sold.
O There are 275 total yards of fabric and $30 to spend on it.
What does it mean to say that f '(30) = - 275?
O As the price of the fabric decreases past $275/yard, the amount of fabric which will be sold is decreasing at a rate of $10,000 per (dollar per yard).
O As the price of the fabric increases past $275/yard, the amount of fabric which will be sold is increasing at a rate of 30 yards per (dollar per yard).
O As the price of the fabric decreases past $30/yard, the amount of fabric which will be sold is increasing at a rate of 10,000 yards per (dollar per yard).
O As the price of the fabric decreases past $30/yard, the amount of fabric which will be sold is increasing at a rate of $275 per (dollar per yard).
O As the price of the fabric increases past $30/yard, the amount of fabric which will be sold is decreasing at a rate of 275 yards per (dollar per yard).
(b) Assuming the values in part (a), find R'(30).
R'(30) =
Interpret your answer.
O As the price of fabric increases past $30/yard, the total revenue is increasing at $1750 per (dollar per yard).
O As the price of fabric decreases past $30/yard, the total revenue is decreasing at $10,000 per (dollar per yard).
O As the price of fabric decreases past $275/yard, the total revenue is increasing at $1750 per (dollar per yard).
O As the price of fabric increases past $30/yard, the total revenue is decreasing at $275 per (dollar per yard).
O As the price of fabric increases past $275/yard, the total revenue is increasing at $10,000 per (dollar per yard).
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