Math Problem Statement
Consider the following revenue function, where R is measured in dollars. R = 52x − 1.5x2 Find the marginal revenue, dR dx . dR dx
Use differentials to approximate the change in revenue corresponding to an increase in sales of one unit when x = 15. (Round your answer in dollars to the nearest cent.) $ Find the actual change in revenue corresponding to an increase in sales of one unit when x = 15. (Round your answer in dollars to the nearest cent.)
Solution
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Math Problem Analysis
Mathematical Concepts
Differentiation
Revenue Function
Approximations Using Differentials
Formulas
R(x) = 52x − 1.5x^2
Marginal Revenue: dR/dx = 52 − 3x
Approximation: dR ≈ (dR/dx) * dx
Theorems
Basic Differentiation Rules
Differential Approximation
Suitable Grade Level
Grades 11-12 (Calculus)
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