Suppose that a wholesaler expects that his monthly revenue, in dollars, for an electronic game will be R(x) = 110x – 0.11x², 0 < x < 800 where x is the number of units sold. Find his marginal revenue and interpret it when the quantity sold is the following. (a) X = 400 $ Interpret the marginal revenue. This is the additional revenue from the 401st unit. The sale of the 401st unit results in a loss of this amount. The sale of the 400th unit results in a loss of revenue of this amount. This is the additional revenue from the 400th unit. (b) X = 800 $ Interpret the marginal revenue. This is the additional revenue from the 801st unit. The sale of the 801st unit results in a loss of this amount. The sale of the 800th unit results in a loss of revenue of this amount. This is the additional revenue from the 400th unit.

Suppose that a wholesaler expects that his monthly revenue, in dollars, for an electronic game will be R(x) = 110x – 0.11x², 0 < x < 800 where x is the number of units sold. Find his marginal revenue and interpret it when the quantity sold is the following. (a) X = 400 $ Interpret the marginal revenue. This is the additional revenue from the 401st unit. The sale of the 401st unit results in a loss of this amount. The sale of the 400th unit results in a loss of revenue of this amount. This is the additional revenue from the 400th unit. (b) X = 800 $ Interpret the marginal revenue. This is the additional revenue from the 801st unit. The sale of the 801st unit results in a loss of this amount. The sale of the 800th unit results in a loss of revenue of this amount. This is the additional revenue from the 400th unit.

Name: Suppose that a wholesaler expects that his monthly revenue, in dollars
Uploaded: 2024-03-20T07:07:26.000Z
Channel: Bartleby
Description: Suppose that a wholesaler expects that his monthly revenue, in dollars, for an electronic game will beR(x) = 110x − 0.11x2,0 ≤ x ≤ 800 Suppose that a wholesaler expects that his monthly revenue, in dollars, for an electronic game will beR(x) = 110x –

Algebra and Trigonometry (MindTap Course List)

4th Edition

ISBN:9781305071742

Author:James Stewart, Lothar Redlin, Saleem Watson

Publisher:James Stewart, Lothar Redlin, Saleem Watson

Chapter2: Functions

Section2.4: Average Rate Of Change Of A Function

Problem 4.2E: bThe average rate of change of the linear function f(x)=3x+5 between any two points is ________.

See similar textbooks