The company Robots for you, Inc. manufactures robots that help with household tasks. The revenue from the sale for their robot model VEN795 is given by R(x) = 350x + 420 (4x + 2)¹ - 100 where is the number of units sold. a) Determine the corresponding marginal revenue (you do not need to expand or simplify your answer): b) The marginal revenue, rounded to 2 decimal places, when 100 units of robot model VEN795 are sold is c) If 104 units of robot model VEN795 are sold, find an approximation to how much the revenue will change, rounded to 2 decimal places:
The company Robots for you, Inc. manufactures robots that help with household tasks. The revenue from the sale for their robot model VEN795 is given by R(x) = 350x + 420 (4x + 2)¹ - 100 where is the number of units sold. a) Determine the corresponding marginal revenue (you do not need to expand or simplify your answer): b) The marginal revenue, rounded to 2 decimal places, when 100 units of robot model VEN795 are sold is c) If 104 units of robot model VEN795 are sold, find an approximation to how much the revenue will change, rounded to 2 decimal places:
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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Transcribed Image Text:The company Robots for you, Inc. manufactures robots that help with household tasks.
The revenue from the sale for their robot model VEN795 is given by
R(x) = 350x +420 (4x + 2)¹ - 100
where x is the number of units sold.
a) Determine the corresponding marginal revenue (you do not need to expand or simplify your answer):
b) The marginal revenue, rounded to 2 decimal places, when 100 units of robot model VEN795 are sold is
c) If 104 units of robot model VEN795 are sold, find an approximation to how much the revenue will
change, rounded to 2 decimal places:
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