When a bus pass from Albuquerque to Los Alamos is priced at p dollars, a bus company
Chapter 4, Problem 15(choose chapter or problem)
When a bus pass from Albuquerque to Los Alamos is priced at p dollars, a bus company takes in a monthly revenue of R(p) = 1.5p 0.01p2 (in thousands of dollars). (a) Estimate R if the price rises from $50 to $53. (b) If p = 80, how will revenue be affected by a small increase in price? Explain using the Linear Approximation.
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