The management of Ditton Industries has determined that the daily marginal revenue function associated with selling x units of their deluxe toaster ovens is given by R ′ (x) = −0.1x + 40 where R′ (x) is measured in dollars per unit. Find the daily total revenue realized from the sale of 200 units of the toaster oven. Find the additional revenue realized when the production (and sales) level is increased from 200 to 300 units.
The management of Ditton Industries has determined that the daily marginal revenue function associated with selling x units of their deluxe toaster ovens is given by R ′ (x) = −0.1x + 40 where R′ (x) is measured in dollars per unit. Find the daily total revenue realized from the sale of 200 units of the toaster oven. Find the additional revenue realized when the production (and sales) level is increased from 200 to 300 units.
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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The management of Ditton Industries has determined that the daily marginal revenue function associated with selling x units of their deluxe toaster ovens is given by
R ′ (x) = −0.1x + 40
where R′ (x) is measured in dollars per unit. Find the daily total revenue realized from the sale of 200 units of the toaster oven. Find the additional revenue realized when the production (and sales) level is increased from 200 to 300 units.
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