The number of subscribers to an internet streaming services is linearly related to the price. If the
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The number of subscribers to an internet streaming services is linearly related to the price. If the price is $10, there will be 4 million subscribers, but if the price is raised to $15 there will only be 3 million subscribers. Suppose the current price is $10, and the price is rising at $0.50 per month. Find the rate at which the revenue is changing at this time.
Related Book For
Introduction to Operations and Supply Chain Management
ISBN: 978-0134740607
5th edition
Authors: Cecil B. Bozarth, Robert B. Handfield
Posted Date: