Suppose a product's revenue function is given by R(q) 4q? + 500q , where R(q) is in dollars and q is units sold. Find a numeric value for the marginal revenue at 55 units, and record your result in the box below. The Marginal Revenue MR(55) dollars per unit

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter2: Graphical And Tabular Analysis
Section2.1: Tables And Trends
Problem 1TU: If a coffee filter is dropped, its velocity after t seconds is given by v(t)=4(10.0003t) feet per...
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Suppose a product's revenue function is given by
R(q)
4q? + 500q , where R(q) is in dollars and q is
units sold.
Find a numeric value for the marginal revenue at 55 units,
and record your result in the box below.
The Marginal Revenue MR(55)
dollars per unit
Transcribed Image Text:Suppose a product's revenue function is given by R(q) 4q? + 500q , where R(q) is in dollars and q is units sold. Find a numeric value for the marginal revenue at 55 units, and record your result in the box below. The Marginal Revenue MR(55) dollars per unit
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