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Question 9 The revenue per month earned by the Couture clothing chain at time t is R(t) = N(t)S(t), where N(t) is the number of stores and S(t) is the average revenue per store per month. Couture releases a statement to their investors saying that currently they have 50 stores with a total revenue of $7,500,000 and expect to increase the number of stores by about 2 stores per month and increase total revenue by about $250,000 per month. What does this statement imply about the current rate of change of the average revenue per store per month?

Question 9 The revenue per month earned by the Couture clothing chain at time t is R(t) = N(t)S(t), where N(t) is the number of stores and S(t) is the average revenue per store per month. Couture releases a statement to their investors saying that currently they have 50 stores with a total revenue of $7,500,000 and expect to increase the number of stores by about 2 stores per month and increase total revenue by about $250,000 per month. What does this statement imply about the current rate of change of the average revenue per store per month?

Calculus: Early Transcendentals
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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Question 9 The revenue per month earned by the Couture clothing chain at time t is R(t) = N(t)S(t), where N(t) is the number of stores and S(t) is the average revenue per store per month. Couture releases a statement to their investors saying that currently they have 50 stores with a total revenue of $7,500,000 and expect to increase the number of stores by about 2 stores per month and increase total revenue by about $250,000 per month. What does this statement imply about the current rate of change of the average revenue per store per month?
Transcribed Image Text:Question 9 The revenue per month earned by the Couture clothing chain at time t is R(t) = N(t)S(t), where N(t) is the number of stores and S(t) is the average revenue per store per month. Couture releases a statement to their investors saying that currently they have 50 stores with a total revenue of $7,500,000 and expect to increase the number of stores by about 2 stores per month and increase total revenue by about $250,000 per month. What does this statement imply about the current rate of change of the average revenue per store per month?
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