How do you find the instantaneous rate of change of

kulisamilhh

kulisamilhh

Answered question

2022-04-20

How do you find the instantaneous rate of change of revenue when 1000 units are produced if the revenue (in thousands of dollars) from producing x units of an item is R(x)=12x.005x2?

Answer & Explanation

Volsa280

Volsa280

Beginner2022-04-21Added 16 answers

Just take the derivative of R and plug in x=1000. Doing so gives
R'(x)=12-0.01x so that R'(1000)=12-10=2 thousand dollars per unit produced.

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