The revenue from the sale of a product is, in dollars, R = 1500x + 3000(3x + 3)−1 − 1000 where x is the number of units sold. Find the marginal revenue when 250 units are sold. (Round your answer to two decimal places.) $  Interpret your result. If the sales go from 250 units sold to  units sold, the revenue will increase by about $

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
icon
Related questions
Question

The revenue from the sale of a product is, in dollars,

R = 1500x + 3000(3x + 3)−1 − 1000

where x is the number of units sold. Find the marginal revenue when 250 units are sold. (Round your answer to two decimal places.) 
$  

Interpret your result.

If the sales go from 250 units sold to  units sold, the revenue will increase by about $ 
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps with 3 images

Blurred answer
Knowledge Booster
Area
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, calculus and related others by exploring similar questions and additional content below.
Recommended textbooks for you
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage