The quantity of Sicard wristwatches demanded each month is related to the unit price by the following equation, where p is measured in dollars and x in units of a thousand. p = 40 0.05x2 + 1 (0 ≤ x ≤ 20) (a) Find the revenue function R. R(x) = (b) Find the marginal revenue function R'. R'(x) = (c) Compute R'(2). (Round your answer to three decimal places.) R'(2) =
The quantity of Sicard wristwatches demanded each month is related to the unit price by the following equation, where p is measured in dollars and x in units of a thousand. p = 40 0.05x2 + 1 (0 ≤ x ≤ 20) (a) Find the revenue function R. R(x) = (b) Find the marginal revenue function R'. R'(x) = (c) Compute R'(2). (Round your answer to three decimal places.) R'(2) =
Trigonometry (MindTap Course List)
10th Edition
ISBN:9781337278461
Author:Ron Larson
Publisher:Ron Larson
ChapterP: Prerequisites
SectionP.6: Analyzing Graphs Of Functions
Problem 6ECP: Find the average rates of change of f(x)=x2+2x (a) from x1=3 to x2=2 and (b) from x1=2 to x2=0.
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The quantity of Sicard wristwatches demanded each month is related to the unit price by the following equation, where p is measured in dollars and x in units of a thousand.
p =
(0 ≤ x ≤ 20)
40 |
0.05x2 + 1 |
(a) Find the revenue function R.
R(x) =
(b) Find the marginal revenue function R'.
R'(x) =
(c) Compute R'(2). (Round your answer to three decimal places.)
R'(2) =
R(x) =
R'(x) =
R'(2) =
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