The price p (in dollars) and the demand x for a particular clock radio are related by the equation x = 4000 – 20p. (A) Express the price p in terms of the demand x, and find the domain of this function. (B) Find the revenue R(x) from the sale of x clock radios. What is the domain of R? (C) Find the marginal revenue at a production level of 2500 clock radios. (D) Interpret R'(3900) = - 190 00

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter3: Functions
Section3.2: Domain And Range
Problem 61SE: The cost in dollars of making x items is given by the function Cx)=10x+500. a. The fixed cost is...
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The price p (in dollars) and the demand x for a particular clock radio are related by the equation x = 4000 – 20p.
(A) Express the price p in terms of the demand x, and find the domain of this function.
(B) Find the revenue R(x) from the sale of x clock radios. What is the domain of R?
(C) Find the marginal revenue at a production level of 2500 clock radios.
(D) Interpret R'(3900) = - 190.00.
Transcribed Image Text:The price p (in dollars) and the demand x for a particular clock radio are related by the equation x = 4000 – 20p. (A) Express the price p in terms of the demand x, and find the domain of this function. (B) Find the revenue R(x) from the sale of x clock radios. What is the domain of R? (C) Find the marginal revenue at a production level of 2500 clock radios. (D) Interpret R'(3900) = - 190.00.
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