A company selling widgets has found that the number of items sold x depends upon the price p at which theyre sold, according the equation x=(70000)/(√(4p+1)). Due to inflation and increasing health benefit costs, the company has been increasing the price by 2 per month. Find the rate at which revenue is changing when the company is selling widgets at 300 each.

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17-06-2024
Business

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A company selling widgets has found that the number of items sold x depends upon the price p at which theyre sold, according the equation x=(70000)/(√(4p+1)). Due to inflation and increasing health benefit costs, the company has been increasing the price by 2 per month. Find the rate at which revenue is changing when the company is selling widgets at 300 each.

Sagot :

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