Assume that a demand equation is given by g= 8000 - 100p. Find the marginal revenue for the given production levels (values of g). (Hint: Solve the demand equation for p and use R(g) = gp.) a. 2000 units The marginal revenue at 2000 units is. (Simplify your answer.)
Assume that a demand equation is given by g= 8000 - 100p. Find the marginal revenue for the given production levels (values of g). (Hint: Solve the demand equation for p and use R(g) = gp.) a. 2000 units The marginal revenue at 2000 units is. (Simplify your answer.)
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter4: Polynomial And Rational Functions
Section4.6: Variation
Problem 2E
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