he following data represent the total revenue R (in dollars) received from selling x bicycles at Tunneys

Question:

he following data represent the total revenue R (in dollars) received from selling x bicycles at Tunney’s Bicycle Shop 

Number of Total Revenue, R (in Dollars) Bicycles, x 25 28,000 60 45,000 53,400 102 59,160 150 190 62,360 223 64,835 66,5


(a) Find the average rate of change in revenue from x = 25 to x = 150 bicycles. 

(b) Find the average rate of change in revenue from x = 25 to x = 102 bicycles. 

(c) Find the average rate of change in revenue from x = 25 to x = 60 bicycles. 

(d) Using a graphing utility, find the quadratic function of best fit. 

(e) Using the function found in part (d), determine the instantaneous rate of change of revenue at bicycles.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Precalculus

ISBN: 978-0321716835

9th edition

Authors: Michael Sullivan

Question Posted: