Given cost and price (demand) functions C(q)=120q+44,200 and p(q)=−1.9q+880, what is the marginal revenue at a production level of 60 items? The marginal revenue is $652 652. (Round answer to
Given cost and price (demand) functions C(q)=120q+44,200 and p(q)=−1.9q+880, what is the marginal revenue at a production level of 60 items? The marginal revenue is $652 652. (Round answer to
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)=120q+44,200
and
p(q)=−1.9q+880,
what is the marginal revenue at a production level of
60
items?The marginal revenue is
$652
652.
(Round answer to nearest dollar.)
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