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April 16, 2014

Homework Help: Calculus

Posted by Destinee on Sunday, November 25, 2007 at 5:26pm.

At the moment OHaganBooks is selling 1000 books per week and its sales are rising at a rate of 200 books per week. Also, it is now selling all its books for $20 each, but the price is dropping at a rate of $1 per week. I need to know at what rate OHaganBooks' revenue is rising or falling given these conditions. I would also like to see the company's revenue increase at a rate of $5000 per week. At what rate would sales have to have been increasing to accomplish this?

Can somebody help me answer this and explain the steps to solve the problem?

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