Question

Asked Jun 16, 2019

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Marginal Revenue. Suppose the total revenue function for a blender is

R(x)= 36x-0.01x^{2} dollars where x is the number of units sold.

(a) What function gives the marginal revenue?

(b) What is the marginal revenue when 600 units are sold?

(c) What is the marginal revenue when 2000 units are sold?

(d) What is the marginal revenue when 1800 units are sold?

Step 1

The total revenue function for a blender is R(x)= 36x-0.01x^{2} dollars where x is the number of units sold.

Step 2

Differentiate total revenue with respect to *x* to get marginal revenue.

Step 3

Thus, the function that gives marginal...

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