Marginal Revenue The management of Ditton Industries has determined that the daily marginal revenue function associated with selling x units of their deluxe toaster ovens is given by the following, where R'(x) is measured in dollars/unit. R'(x) = -0.1x + 40 (a) Find the daily total revenue realized from the sale of 180 units of the toaster oven. $ (b) Find the additional revenue realized when the production (and sales) level is increased from 180 to 280 units. $

Trigonometry (MindTap Course List)
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ISBN:9781337278461
Author:Ron Larson
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Marginal Revenue The management of Ditton Industries has determined
that the daily marginal revenue function associated with selling x units of their
deluxe toaster ovens is given by the following, where R'(x) is measured in
dollars/unit.
R'(x) = -0.1x + 40
(a) Find the daily total revenue realized from the sale of 180 units of the toaster
oven.
$
(b) Find the additional revenue realized when the production (and sales) level is
increased from 180 to 280 units.
$
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Transcribed Image Text:Marginal Revenue The management of Ditton Industries has determined that the daily marginal revenue function associated with selling x units of their deluxe toaster ovens is given by the following, where R'(x) is measured in dollars/unit. R'(x) = -0.1x + 40 (a) Find the daily total revenue realized from the sale of 180 units of the toaster oven. $ (b) Find the additional revenue realized when the production (and sales) level is increased from 180 to 280 units. $ Need Help? Read It
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