Calculus for Business, Economics, Life Sciences, and Social Sciences (14th Edition)
Calculus for Business, Economics, Life Sciences, and Social Sciences (14th Edition)
14th Edition
ISBN: 9780134668574
Author: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen, Christopher J. Stocker
Publisher: PEARSON
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Chapter B.4, Problem 45E

Maximum revenue. The revenue R (in thousands of dollars) from the sale of x thousand table lamps is given in the table.

Chapter B.4, Problem 45E, Maximum revenue. The revenue R (in thousands of dollars) from the sale of x thousand table lamps is

 (A)    Find the interpolating polynomial for this table.

(B)    Use the interpolating polynomial to approximate (to the nearest thousand dollars) the revenue if 5,000 table lamps are produced.

(C)    Use the interpolating polynomial to approximate (to the nearest integer) the production level that will maximize the revenue.

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