Given cost and price (demand) functions C(q) = 100q+42,600 and p(q) = -1.8q + 860, what is the marginal revenue at a production level of 55 items? The marginal revenue is dollars per item. (Round answer to nearest dollar.)

Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter2: Functions
Section2.4: Average Rate Of Change Of A Function
Problem 4.2E: bThe average rate of change of the linear function f(x)=3x+5 between any two points is ________.
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Given cost and price (demand) functions C(q) = 100q + 42,600 and p(q) = -1.8q +860, what is the marginal revenue at a production level of
55 items?
dollars per item.
The marginal revenue is
(Round answer to nearest dollar.)
Transcribed Image Text:Given cost and price (demand) functions C(q) = 100q + 42,600 and p(q) = -1.8q +860, what is the marginal revenue at a production level of 55 items? dollars per item. The marginal revenue is (Round answer to nearest dollar.)
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