The revenue from the sale of x model trucks is R(x) = 1500x + 3000/2x + 3 (in dollars) where x is the number of model trucks sold. a). Determine the marginal revenue function. b). Determine the marginal revenue when 200 model trucks have been
The revenue from the sale of x model trucks is R(x) = 1500x + 3000/2x + 3 (in dollars) where x is the number of model trucks sold. a). Determine the marginal revenue function. b). Determine the marginal revenue when 200 model trucks have been
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter3: The Derivative
Section3.4: Definition Of The Derivative
Problem 50E
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The revenue from the sale of x model trucks is R(x) = 1500x + 3000/2x + 3 (in dollars) where x is the number of model trucks sold.
a). Determine the marginal revenue function.
b). Determine the marginal revenue when 200 model trucks have been sold, that is, when x=200. Interpret your answer.
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