R(x) = 11(2x + 1)-1 + 22x - 11 where x is in thousands of units and R is in thousands of dollars. (a) Find the marginal revenue (in thousands of dollars) when 2000 units are sold. ] thousand (b) How does the revenue change when 2000 units are sold? The revenue is increasing. The revenue remains constant. O The revenue is decreasing.

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter9: Polynomial And Rational Functions
Section9.4: Graphing Polynomial Functions
Problem 44PS: A company determines that its weekly profit from manufacturing and selling x units of a certain item...
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Suppose that the revenue function for a certain product is given by
R(x) = 11(2x + 1)-1 + 22x - 11
where x is in thousands of units and R is in thousands of dollars.
(a) Find the marginal revenue (in thousands of dollars) when 2000 units are sold.
thousand
(b) How does the revenue change when 2000 units are sold?
O The revenue is increasing.
The revenue remains constant.
O The revenue is decreasing.
Transcribed Image Text:Suppose that the revenue function for a certain product is given by R(x) = 11(2x + 1)-1 + 22x - 11 where x is in thousands of units and R is in thousands of dollars. (a) Find the marginal revenue (in thousands of dollars) when 2000 units are sold. thousand (b) How does the revenue change when 2000 units are sold? O The revenue is increasing. The revenue remains constant. O The revenue is decreasing.
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