Given Cost and Price (demand) functions C(q) = 110q+40000 and p(q) = -2.6q + 800, what is the marginal revenue when costs are $70,000?

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter4: Polynomial And Rational Functions
Section4.1: Quadratic Functions
Problem 6SC: A company that makes and sells baseball caps has found that the total monthly cost C in dollars of...
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Given Cost and Price (demand) functions C(q) = 110q+40000 and p(q) = -2.6q+800, what is the marginal revenue when costs are
$70,000?
The marginal revenue is dollars per item.
If necessary, round to the nearest integer
Transcribed Image Text:ct Given Cost and Price (demand) functions C(q) = 110q+40000 and p(q) = -2.6q+800, what is the marginal revenue when costs are $70,000? The marginal revenue is dollars per item. If necessary, round to the nearest integer
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