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Asked Jul 26, 2019
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If the marginal revenue(in dollars per unit) for a month is given by MR'= -0.006x+36, find the total revenue from the sale of 75 units.

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Expert Answer

Step 1

The marginal revenue for a month is MR′ = -0.006x + 36.

The total r...

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That is, 0sx75 Therefore, Total revenue = [MR'dk 75 Revenue -0.006x+36d 75 x -0.006 36x 2 =-0.006)36(75) 2 =-0.006(28 12.5) +2700 =-16.875+2700 =2683.125 Thus, the total revenue is 2683.125 dollars

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