If the marginal revenue for a product is MR = 800/x + 2, find the total revenue

Question:

If the marginal revenue for a product is MR = 800/x + 2, find the total revenue function.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Mathematical Applications for the Management Life and Social Sciences

ISBN: 978-1305108042

11th edition

Authors: Ronald J. Harshbarger, James J. Reynolds

See More Books

Question Posted: Feb 09, 2018 07:21 AM

See More Questions

Suppose that the marginal revenue for a product is given by where x is the number of units and revenue is in dollars. Find the total revenue. - 30 MR (2x + 1)? + 30
Suppose that the marginal revenue for a product is MR = 900 and the marginal cost is MC = 30 x + 4, with a fixed cost of $1000. (a) Find the profit or loss from the production and sale of 5 units....
If the marginal revenue for a month for a product is MR = 0.06x + 12 dollars per unit, find the total revenue from the sale of x = 800 units of the product.
A 0.20-m-diameter, thin-walled steel pipe is used to transport saturated steam at a pressure of 20 bars in a room for which the air temperature is 25C and the convection heat transfer coefficient at...
A sphere moves with a relativistic velocity v through a gas whose unit volume contains n slowly moving particles, each of mass m. Find the pressure p exerted by the gas on a spherical surface element...
A chloroform and tetrahydrofuran mixture is heated in a closed system at 120 kPa to a temperature of 70C, and two phases are observed to be present. What are the possible compositions of the liquid...
What is the difference between bivariate regression and multiple regression?
Suppose that a car stalls on the railroad tracks because its carburetor is badly maintained. A train collides with the car because the trains brakes are badly maintained. What is the proximate cause...
How do ethical leaders navigate ethical gray areas and conflicting stakeholder interests while upholding ethical standards and ensuring the long-term sustainability and reputation of the organization...
It sputtered and squeaked and with a small hesitation followed by an abbreviated lunge, it was finally over: Ol Reliable, the car Jamie Lee had driven since she first earned her drivers license at...
The rate of change of the market share (as a percent) a firm expects for a new product is dy/dt = 2.4e-0.04t where t is the number of months after the product is introduced. (a) Write the equation...
The marginal cost for a product is MC = 6x + 4 dollars per unit, and the cost of producing 100 items is $31,400. (a) Find the fixed costs. (b) Find the total cost function.
On January 1, 2007 the Calvert Company issues 12%, $100,000 face value bonds for $103,545.91, a price to yield 10%. The bonds mature on January 1, 2009. Interest is paid semiannually on June 30 and...
How will the intangible assets that Facebook acquired in the WhatsApp deal be accounted for in the financial statements going forward? Explain briefly
You buy a preferred stock for $ 20. This share pays a quarterly dividend of $ 0.40. You sell the stock two years later when the market demanded rate is 7% annualized quarterly. Calculate the annual...
You have XYZ trading at $42. European 6-month 40 calls and puts are traded at: CallPut bid/ask5 / 5.52.75/ 3.25 Assuming the risk free rate is 0%, do you see any arbitrage opportunity? Justify your...
Investigate the emerging technologies and experimental approaches for studying meiotic recombination dynamics, chromosome behavior, and gametogenesis at the single-cell and high-resolution levels,...
Express how an American firm could utilize hedging tools to mitigate foreign exchange exposure in France.
Solve the system in terms of the specified arbitrary variable. 3x - 4y + z = 2 2x + y = 1 (x arbitrary)
Write the general quadratic equation y2 - 8y - 4x + 28 = 0 in standard form. Determine the vertex, focus, and directrix of the parabola defined by this equation. Sketch a graph.
The region bounded by the curves y = 31 + x3, y = 0, x = 0, and x = 2 is rotated about the -axis. Use Simpsons Rule with n = 10 to estimate the volume of the resulting solid.
The figure shows a pendulum with length L that makes a maximum angle θ0 with the vertical. Using Newtons Second Law it can be shown that the period T (the time for one complete swing) is given...
The intensity of light with wavelength traveling through a diffraction grating with N slits at an angle is given by l() = N2 sin2k/k2, where k = ( Nd sin (/ and is the distance between adjacent...
Explain organizational change and briefly discuss the three types of change? ( 350 words please)
Identify an organization that has experienced change Classify the type of organizational change the organization experienced Describe how the organization overcame the resistance to the change...
Carlton Bank has an increase in reserves of $1,000,000. If the reserve ratio is 10%, by what amount may Carlton increase its demand deposits?

If the marginal revenue for a product is MR = 800/x + 2, find the total revenue

Question:

Step by Step Answer:

Using R0 0 0 800ln ...View the full answer

Mathematical Applications for the Management Life and Social Sciences

Students also viewed these Calculus questions