Suppose that the revenue function for the manufacturer of a lawnmower is R(x) = 700x – 0.5x² , where x is the number of lawnmowers sold and R(x) is in dollars. What is the marginal revenue when 60 lawnmowers are sold? Only enter the number. Marginal revenue =

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter3: Linear And Nonlinear Functions
Section: Chapter Questions
Problem 26MCQ
icon
Related questions
Question
Suppose that the revenue function for the manufacturer of a lawnmower is
R(x) = 700x – 0.5x²,
where x is the number of lawnmowers sold and R(x) is in dollars.
What is the marginal revenue when 60 lawnmowers are sold? Only enter the number.
Marginal revenue =
Transcribed Image Text:Suppose that the revenue function for the manufacturer of a lawnmower is R(x) = 700x – 0.5x², where x is the number of lawnmowers sold and R(x) is in dollars. What is the marginal revenue when 60 lawnmowers are sold? Only enter the number. Marginal revenue =
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Area
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, calculus and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Algebra and Trigonometry (MindTap Course List)
Algebra and Trigonometry (MindTap Course List)
Algebra
ISBN:
9781305071742
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning