Suppose that a wholesaler expects that his monthly revenue, in dollars, for an electronic game will be R(x) = 140x – 0.09x2, 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 = 600 $ Interpret the marginal revenue. This is the additional revenue from the 600th unit. The sale of the 601st unit results in a loss of this amount. The sale of the 600th unit results in a loss of revenue of this amount. This is the additional revenue from the 601st unit. (b) X = 800 $ Interpret the marginal revenue. This is the additional revenue from the 801st unit. This is the additional revenue from the 600th unit. The sale of the 800th unit results in a loss of revenue of this amount. The sale of the 801st unit results in a loss of this amount.

Suppose that a wholesaler expects that his monthly revenue, in dollars, for an electronic game will be R(x) = 140x – 0.09x2, 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 = 600 $ Interpret the marginal revenue. This is the additional revenue from the 600th unit. The sale of the 601st unit results in a loss of this amount. The sale of the 600th unit results in a loss of revenue of this amount. This is the additional revenue from the 601st unit. (b) X = 800 $ Interpret the marginal revenue. This is the additional revenue from the 801st unit. This is the additional revenue from the 600th unit. The sale of the 800th unit results in a loss of revenue of this amount. The sale of the 801st unit results in a loss of this amount.

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 ________.

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