b) R(x) dollars is the total revenue from the sale of x television sets: R(x)% = 600x – 20 *3 i) Find the marginal revenue from the sale of the 21st television set. ii) Compare your answer above with the actual revenue from the sale of the 21st item.

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter3: Polynomial Functions
Section3.5: Mathematical Modeling And Variation
Problem 7ECP: The kinetic energy E of an object varies jointly with the object’s mass m and the square of the...
icon
Related questions
Question
b)
R(x) dollars is the total revenue from the sale of x television sets: R(x) = 600x –
I x3.
1
20
i) Find the marginal revenue from the sale of the 21st television set.
ii) Compare your answer above with the actual revenue from the sale of the 21st item.
Transcribed Image Text:b) R(x) dollars is the total revenue from the sale of x television sets: R(x) = 600x – I x3. 1 20 i) Find the marginal revenue from the sale of the 21st television set. ii) Compare your answer above with the actual revenue from the sale of the 21st item.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Recommended textbooks for you
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning
Algebra for College Students
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Algebra and Trigonometry (MindTap Course List)
Algebra and Trigonometry (MindTap Course List)
Algebra
ISBN:
9781305071742
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning