revenue is found with he equation r=pq where p is the price charged

Calculus
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revenue is found with he equation r=pq where p is the price charged and q is the quantity sold. If the price function is changing at a rate of 10 cents per day and the quantity sold is changing at -2 items per day. How is the revenue per day changing if the price is currently at $5 and the quantity sold is 100 items?

Jul 11th, 2015

Thank you for the opportunity to help you with your question!

current price =$5

current quantity=100 items

the revenue is r=pq

r=5*100

revenue = $500

Please let me know if you need any clarification. I'm always happy to answer your questions.
Jul 11th, 2015

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