question archive A shoe company is increasing its production at a rate of 40 shoes per day
Subject:MathPrice: Bought3
A shoe company is increasing its production at a rate of 40 shoes
per day. In order to sell all of the shoes, the price p that each shoe must be sold for when q shoes are made is given by p = 80- (q/220) (called the demand equation).
Determine the number of shoes produced on the day in which the rate of change in revenue is $1200/day.
Revenue is the product of the number of items sold and the price per item