13. (Section 4.4) The weekly revenue, R(r), in thousands of dollars, t weeks after January 1st, for a company is given by R(r) = -0.003r' – 0.79r2 + 8,33.x + 72.9. (a) Find the 3-month moving average for r = 0. (b) Find the 3-ınonth moving average for a = 2. (c) Find the 3-month moving average for r = 4.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
icon
Related questions
Question
13. (Section 4.4) The weekly revenue, R(x), in thousands of dollars, t weeks after January 1st, for
a company is given by R(x) = -0.003x – 0.79x2 + 8.33x + 72.9.
(a) Find the 3-month moving average for a = 0.
(b) Find the 3-month moving average for a = 2.
(c) Find the 3-month moving average for a = 4.
Transcribed Image Text:13. (Section 4.4) The weekly revenue, R(x), in thousands of dollars, t weeks after January 1st, for a company is given by R(x) = -0.003x – 0.79x2 + 8.33x + 72.9. (a) Find the 3-month moving average for a = 0. (b) Find the 3-month moving average for a = 2. (c) Find the 3-month moving average for a = 4.
Expert Solution
steps

Step by step

Solved in 4 steps

Blurred answer
Knowledge Booster
Marginal Product
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
Economics
ISBN:
9780190931919
Author:
NEWNAN
Publisher:
Oxford University Press
Principles of Economics (12th Edition)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education