binthalithhamda binthalithhamda

28-10-2022
Mathematics

Answered

Suppose that a product currently sells for $35, with the price increasing at the rate of $3 per year. At
this price, consumers will buy 146 thousand items, but the number being bought is decreasing at the
rate of 11 thousand per year. At what rate is the total revenue changing? Is the total revenue increasing
or decreasing?

Answer :

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