The Price-Demand relation for a certain product is x = 6000 – 30 -p (a) Solve the given relation for price, p. (b) Construct the Revenue function, R(X). (C) Find the Marginal Revenue function and use it to determine the approximate change in revenues from the 90oth item sold.

The Price-Demand relation for a certain product is x = 6000 – 30 -p (a) Solve the given relation for price, p. (b) Construct the Revenue function, R(X). (C) Find the Marginal Revenue function and use it to determine the approximate change in revenues from the 90oth item sold.

Name: The Price-Demand relation for a certain product is x = 6000 – 30 -p(a
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Description: The Price-Demand relation for a certain product is x = 6000 – 30 -p(a) Solve the given relation for price, p.(b) Construct the Revenue function, R(X).(C) Find the Marginal Revenue function and use it to determine the approximate change in revenues f

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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