5. The management of Porter Airlines finds that its monthly marginal revenue can be approximated by R (r) = 0.96 – 0.0064.x where r is the average price of a ticket (in dollars) and R'(x) is measured in millions of dollars per dollar. Determine the revenue function R(x). (Hint: If the price of a ticket is zero dollars, the company's revenue is zero dollars.)

5. The management of Porter Airlines finds that its monthly marginal revenue can be approximated by R (r) = 0.96 – 0.0064.x where r is the average price of a ticket (in dollars) and R'(x) is measured in millions of dollars per dollar. Determine the revenue function R(x). (Hint: If the price of a ticket is zero dollars, the company's revenue is zero dollars.)

Calculus For The Life Sciences

2nd Edition

ISBN:9780321964038

Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.

Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.

Chapter3: The Derivative

Section3.CR: Chapter 3 Review

Problem 7CR

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