R(x) In(7x + 7) Find the marginal revenue when 225 Blazing Blue snowmobiles are sold. a) R'(225) : Round to two decimals as needed. b) Interpret the answer from part (a): Revenue will Select an answer ♥| by $ for more snowmobile(s) sold when the number

R(x) In(7x + 7) Find the marginal revenue when 225 Blazing Blue snowmobiles are sold. a) R'(225) : Round to two decimals as needed. b) Interpret the answer from part (a): Revenue will Select an answer ♥| by $ for more snowmobile(s) sold when the number

Managerial Economics: A Problem Solving Approach

5th Edition

ISBN:9781337106665

Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Chapter3: Benefits, Costs, And Decisions

Section: Chapter Questions

Problem 1MC

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Question

Winter Fun© has determined that the total revenue (in dollars) for its west coast factory from the sale of x
Blazing Blue snowmobiles is given by
1700x
R(x) :
In(7x + 7)
Find the marginal revenue when 225 Blazing Blue snowmobiles are sold.
a) R'(225) =
Round to two decimals as needed.
b) Interpret the answer from part (a):
Revenue will Select an answer ♥ by $
more snowmobile(s) sold when the number
of snowmobiles produced and sold is
for

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