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500 In x The demand function for a widget is given by p = 100+ where p is the price of the widget in dollars and is the number of items in thousands of items and x > 1. Find the marginal revenue function. The marginal revenue function is R¹(x) = If 12 thousand items are currently begin made, by how much will the revenue change if we increase production by one thousand items? $ (round to 4 decimal places if rounding is needed)

500 In x The demand function for a widget is given by p = 100+ where p is the price of the widget in dollars and is the number of items in thousands of items and x > 1. Find the marginal revenue function. The marginal revenue function is R¹(x) = If 12 thousand items are currently begin made, by how much will the revenue change if we increase production by one thousand items? $ (round to 4 decimal places if rounding is needed)

Calculus For The Life Sciences
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter3: The Derivative
Section3.3: Rates Of Change
Problem 2E
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500 The demand function for a widget is given by p= 100+ where p is the price of the widget in In x dollars and x is the number of items in thousands of items and x > 1. Find the marginal revenue function. The marginal revenue function is R'(x) = If 12 thousand items are currently begin made, by how much will the revenue change if we increase production by one thousand items? $ (round to 4 decimal places if rounding is needed)
Transcribed Image Text:500 The demand function for a widget is given by p= 100+ where p is the price of the widget in In x dollars and x is the number of items in thousands of items and x > 1. Find the marginal revenue function. The marginal revenue function is R'(x) = If 12 thousand items are currently begin made, by how much will the revenue change if we increase production by one thousand items? $ (round to 4 decimal places if rounding is needed)
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