Suppose the revenue function for a product is given by the function: : R(g) = - 8g° + 4g where q is millions of units sold and R(q) is revenue in millions of dollars. Compute the marginal revenue when g = - 1 million units have been sold. Answer: $ per unit
Suppose the revenue function for a product is given by the function: : R(g) = - 8g° + 4g where q is millions of units sold and R(q) is revenue in millions of dollars. Compute the marginal revenue when g = - 1 million units have been sold. Answer: $ per unit
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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