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(Solved): The total revenue for a product can be calculated as the area under the demand curve. Suppose that t ...
The total revenue for a product can be calculated as the area under the demand curve. Suppose that the demand curve for a certain wine (in dollars per liter) is given by the following, where
qis the demand in liters. Estimate the total revenue using rectangles of width 10 liters.
D(q)=(1)/(10)q^(2)-10q+266 for 0<=q<=50The approximate revenue using right endpoints is $? The approximate revenue using left endpoints is $?
