The management of Porter Airlines finds that its monthly marginal revenue can be pproximated by R'(x) = 0.96 – 0.0064x here x is the average price of a ticket (in dollars) and R'(x) is measured in millions f dollars per dollar. Determine the revenue function R(x). (Hint: If the price of a icket is zero dollars, the company's revenue is zero dollars.)
The management of Porter Airlines finds that its monthly marginal revenue can be pproximated by R'(x) = 0.96 – 0.0064x here x is the average price of a ticket (in dollars) and R'(x) is measured in millions f dollars per dollar. Determine the revenue function R(x). (Hint: If the price of a icket is zero dollars, the company's revenue is zero dollars.)
Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter2: Graphical And Tabular Analysis
Section2.1: Tables And Trends
Problem 1TU: If a coffee filter is dropped, its velocity after t seconds is given by v(t)=4(10.0003t) feet per...
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![The management of Porter Airlines finds that its monthly marginal revenue can be
approximated by
R'(x) = 0.96 – 0.0064x
where x is the average price of a ticket (in dollars) and R'(x) is measured in millions
of dollars per dollar. Determine the revenue function R(x). (Hint: If the price of a
ticket is zero dollars, the company's revenue is zero dollars.)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fba97c60f-e198-4877-8261-f5404cfa8fed%2Fe829b5c0-75c3-45ca-8c92-8c74c05fc47a%2Ff3j69rvb_processed.png&w=3840&q=75)
Transcribed Image Text:The management of Porter Airlines finds that its monthly marginal revenue can be
approximated by
R'(x) = 0.96 – 0.0064x
where x is the average price of a ticket (in dollars) and R'(x) is measured in millions
of dollars per dollar. Determine the revenue function R(x). (Hint: If the price of a
ticket is zero dollars, the company's revenue is zero dollars.)
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