Answer:
12 ; 12 dollars
Step-by-step explanation:
Data provided in the question:
Revenue function, R = 12x
R is in dollars
Now,
The slope can be found out by differentiating the above revenue function w.r.t 'x'
thus,
=
or
slope = 12
Now, for the second case of selling one more unit i.e x = 1, the revenue can be obtained by substituting x = 1 in revenue function
therefore,
R = 12 × 1 = 12 dollars
Answer:
The explicit form is
Step-by-step explanation:
The explicit form of a geometric sequence is given by:
where an is the nth term, a is the first term of the sequence and r is the common ratio.
In this case:
a=162
The value of the common ratio is obtained by dividing one term by the previous term.
For the first and second terms:
108/162=2/3
For the second and third terms (In order to prove that 2/3 is the common ratio)
72/108=2/3
Therefore:
r=2/3
Replacing a and r in the formula: