A Store Has Determined That The Number Of Blu Ray Movies Sold Monthly Is Approximately N X 6750 0 931 Movies Where X 1 (28.78 KiB) Viewed 29 times
A Store Has Determined That The Number Of Blu Ray Movies Sold Monthly Is Approximately N X 6750 0 931 Movies Where X 2 (26.79 KiB) Viewed 29 times
A store has determined that the number of Blu-ray movies sold monthly is approximately n(x)=6750(0.931") movies where x is the average price in dollars. (a) Write the function for the model giving revenue in dollars, where x is the average price in dollars. R(x) = dollars (b) If each movie costs the store $10.00, write the function for the model that gives profit in dollars, where x is the average price in dollars. P(x) = dollars (c) Complete the table. (Round your answers to three decimal places.) Rates of Change of Revenue and Profit Rate of change of revenue (dollars per dollar) Price $13 $14 $20 $21 $22 Rate of change of profit (dollars per dollar)
(c) Complete the table. (Round your answers to three decimal places.) Rates of Change of Revenue and Profit Price $13 $14 $20 $21 $22 Rate of change of revenue (dollars per dollar) Rate of change of profit (dollars per dollar) (d) What does the table indicate about the rate of change in revenue and the rate of change in profit at the same price? There is a range of prices beginning near $14 for which the rate of change of revenue is --Select- -Select-- (profit is --Select-- revenue is -Select-- while th
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