The total revenue for a product can be calculated as the area under the demand curve. Suppose that the demand curve for a certain wine (in dollars per liter) is given by the following, where is demand in liters. Estimate the total revenue using rectangles of width 10 liters D(q) = 9²-10q+267 for 0 sq 550 The approximate revenue using left endpoints is $ The approximate revenue using right endpoints is $ The approximate revenue using the average is $
The total revenue for a product can be calculated as the area under the demand curve. Suppose that the demand curve for a certain wine (in dollars per liter) is given by the following, where is demand in liters. Estimate the total revenue using rectangles of width 10 liters D(q) = 9²-10q+267 for 0 sq 550 The approximate revenue using left endpoints is $ The approximate revenue using right endpoints is $ The approximate revenue using the average is $
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 total revenue for a product can be calculated as the area under the demand curve. Suppose that the demand curve for a certain wine (in dollars per liter) is given by the following, where is the
demand in liters. Estimate the total revenue using rectangles of width 10 ters
D(4) = ²
-10q+267 for 0 sqs50
The approximate revenue using left endpoints is
The approximate revenue using right endpoints is $
The approximate revenue using the average is $
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