The demand for a new computer game can be modeled by p(x) = 58 - 4 In x, for 0sxs 800, where p(x) is the price consumers will pay, in dollars, and x is the number of games sold, in thousands. Recall that total revenue is given by R(x) = x • p(x). Complete parts (a) through (c) below. a) Find R(x). R(x) =D %3D b) Find the marginal revenue, R'(x). R'(x) =O %3D c) How many units will be sold if the price that consumers are willing to pay is $40? The number of units that will be sold is (Round to the nearest whole number as needed.)

The demand for a new computer game can be modeled by p(x) = 58 - 4 In x, for 0sxs 800, where p(x) is the price consumers will pay, in dollars, and x is the number of games sold, in thousands. Recall that total revenue is given by R(x) = x • p(x). Complete parts (a) through (c) below. a) Find R(x). R(x) =D %3D b) Find the marginal revenue, R'(x). R'(x) =O %3D c) How many units will be sold if the price that consumers are willing to pay is $40? The number of units that will be sold is (Round to the nearest whole number as needed.)

College Algebra

10th Edition

ISBN:9781337282291

Author:Ron Larson

Publisher:Ron Larson

Chapter4: Rational Functions And Conics

Section4.2: Graphs Of Rational Functions

Problem 88E

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