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The revenue (in dollars) from the sale of a infant car seats is given by R(x) = 70x -0.02x², 0≤ x ≤ 3500. Use this revenue function to answer questions 11-14 below.

The revenue (in dollars) from the sale of a infant car seats is given by R(x) = 70x -0.02x², 0≤ x ≤ 3500. Use this revenue function to answer questions 11-14 below.

Advanced Engineering Mathematics
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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Revenue The revenue (in dollars) from the sale of a infant car seats is given by R(x) = 70x - 0.02x², 0 ≤x≤ 3500. Use this revenue function to answer questions 11-14 below.
Transcribed Image Text:Revenue The revenue (in dollars) from the sale of a infant car seats is given by R(x) = 70x - 0.02x², 0 ≤x≤ 3500. Use this revenue function to answer questions 11-14 below.
Use the revenue function above to answer this question. Suppose the production level is 936 car seats. Compute the instantaneous rate of change of revenue at this production level. Is the revenue 1. increasing or 2. decreasing? Enter 1 or 2.
Transcribed Image Text:Use the revenue function above to answer this question. Suppose the production level is 936 car seats. Compute the instantaneous rate of change of revenue at this production level. Is the revenue 1. increasing or 2. decreasing? Enter 1 or 2.
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