A product is introduced into the market Suppose a product s sales quantity per month...

80.2K

Verified Solution

Question

Calculus

image

A product is introduced into the market Suppose a product s sales quantity per month q t is a function of time t in months is given by q t 5000t 170t And suppose the price in dollars of that product p t is also a function of time t in months and is given by p t 170 t A Find R t the rate of change of revenue as a function of time t 680 150002 57800t 850000F expanding and collected not required B What is the the rate of change of revenue with respect to time 5 months after the introduction 271000 C Interpret your answer in part B include the units of the number in part B

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students