Marginal Revenue for Gaming Mice The quantity of Sensitech laser gaming mice demanded each month is related to the unit price by the equation 60 (0 ≤ x ≤ 20) 0.03x² + 1 where p is measured in dollars and x in units of a thousand. Find the following functions (in dollars) and compute the following. (a) Find the revenue function R. R(x) = (b) Find the marginal revenue function R'. R'(x) = (c) Compute R'(4). (Round your answer to three decimal places.) R'(4) =
Marginal Revenue for Gaming Mice The quantity of Sensitech laser gaming mice demanded each month is related to the unit price by the equation 60 (0 ≤ x ≤ 20) 0.03x² + 1 where p is measured in dollars and x in units of a thousand. Find the following functions (in dollars) and compute the following. (a) Find the revenue function R. R(x) = (b) Find the marginal revenue function R'. R'(x) = (c) Compute R'(4). (Round your answer to three decimal places.) R'(4) =
Trigonometry (MindTap Course List)
10th Edition
ISBN:9781337278461
Author:Ron Larson
Publisher:Ron Larson
ChapterP: Prerequisites
Section: Chapter Questions
Problem 8PS
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