Math Problem Statement
Solution
Let's break down and solve each of the questions shown in the image.
Question 1:
We are given that the number of items sold depends on the price according to the equation: The company is increasing the price by $5 per month, and we are asked to find the rate at which revenue is changing when the price is $180.
Steps:
- Revenue is the product of the number of items sold and the price , i.e., .
- Differentiate with respect to time , using the product rule and chain rule.
- You're given that (price increases by $5 per month), and .
- Plug the appropriate values into the derived formula to find .
Question 2:
The revenue is given as a function of units sold : We know that sales are increasing at the rate of 40 units per day, i.e., , and we are asked to find how rapidly the revenue is increasing when 150 units have been sold.
Steps:
- Differentiate with respect to time , using the chain rule.
- Plug in and to find .
Question 3:
This is a related rates problem involving two ships. At noon, ship A is 30 nautical miles west of ship B. Ship A sails west at 16 knots and ship B sails north at 16 knots. We are asked to find how fast the distance between the ships is changing at 4 PM.
Steps:
- Let the distance between the two ships be , and let the positions of the ships be modeled by the Pythagorean theorem: , where is the distance traveled by ship A and is the distance traveled by ship B.
- Differentiate with respect to time .
- You know the speeds of both ships and their positions at 4 PM.
- Solve for , which is the rate at which the distance between the ships is changing.
Would you like me to go into detail on any specific question? Here are 5 relative questions that can deepen your understanding:
- What are the rules for applying the product rule in calculus?
- How do we apply the chain rule when differentiating implicitly?
- How does related rates differ from other types of rate problems in calculus?
- Can you derive the revenue formula from other sales data?
- How can we interpret the rate of change of the distance between two moving objects?
Tip: When dealing with rates of change, always start by identifying which variables depend on time and use implicit differentiation carefully.
Ask a new question for Free
By Image
Drop file here or Click Here to upload
Math Problem Analysis
Mathematical Concepts
Related Rates
Differentiation
Revenue Maximization
Implicit Differentiation
Formulas
x = 30000 / sqrt(4p + 1)
R = p * x
Differentiation rules (product rule, chain rule)
Theorems
Product Rule
Chain Rule
Suitable Grade Level
Undergraduate Calculus
Related Recommendation
Rate of Change in Revenue for Widget Sales
Solve a Related Rates Problem: Employees vs Revenue
Related Rates Problem: Calculating New Hires to Meet Revenue Targets
Calculating Total Revenue Using Differential Equations: 6-Month Projection
Related Rates: Calculating the Change in Radius and Height of a Conical Pile