Given cost and price (demand) functions C(q) = 110q + 45,000 and p(q) = - 2q + 870, what is the marginal revenue at a production level of 60 items? The marginal revenue is $. (Round answer to nearest dollar.)
Given cost and price (demand) functions C(q) = 110q + 45,000 and p(q) = - 2q + 870, what is the marginal revenue at a production level of 60 items? The marginal revenue is $. (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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