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If marginal revenue is $45 and the change In output is 4 units
What will be the change in total revenue
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- The value of marginal revenue is $64 and the change in output is 5 units. Calculate the change in total revenueA company produces 800 units in a day. The firm has a worker put in one additional hour of labor. After this last hour, the firm's output rises to 810. The marginal revenue of this additional output is $15. The marginal revenue product for this last hour of work is Question 6 options: $10 $15 $150 $12,150If total revenue is R =50Q-2Q2. At what value of Q will marginal revenue be 18?
- The marginal revenue of the nth box of flash cards sold is 100e^-0.001n dollars. Find the revenue generated by selling boxes 101 through 1000.The change in revenue is $120 and the change in unit sold is 3 Calculate the marginal revenueNousaku estimates that the total daily revenue of producing q units of KAGO basket is (R(q) = (102 - (675/q+4) - q) thousand yen. What is the marginal revenue when output is 6? Interpret your answer.
- Marginal Revenue for Gaming Mice. The quantity ofSensitech Laser gaming mice demanded each month is related to the unit price by the equation p=60/0.01x2+1 (0 ≤ x ≤ 20) a. Find the marginal revenue funtion R'(x) b. Compute R'(4). (Round your answer to three decimal places.)The demand function for a particular product is given by D(x)=0.5x^2+3x+190‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾√D(x)=0.5x^2+3x+190 dollars, where x is the number of units sold. What is the marginal revenue when 88 items are sold? Round your answer to 2 decimal places. D(x)=0.5x^2+3x+190‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾Calculate What will be the value of total revenue that a firm will generate if price of good is $70 and the output produced is 400 units
- Given Cost and Price (demand) functions C(q)=120q+45000 and p(q)=−2.8q+900, what is the marginal revenue when costs are $80,000? The marginal revenue is ____dollars per item.Natural-ExP is a unique company that is dedicated to making day trips to the Nevado de Toluca. The service includes transportation, food and guide service. Being the number of tickets sold, if the cost function of serving a new customer is Cmg = 20q, the marginal revenue function Img = 600−40q and the demand is q = (600 − p) /20. Under this scenario, what is the price of the excursion. $400 $600 $300 $100Suppose a product's revenue function is given by R(q)=−5q^2+800q , where R(q)is in dollars and qq is units sold.Find a numeric value for the marginal revenue at 20 units, and record your result in the box below.The Marginal Revenue MR(20)=