The revenue from producing (and selling) x units of a product is given by R(x) = 3x
Question:
The revenue from producing (and selling) x units of a product is given by R(x) = 3x - .01x2 dollars.
(a) Find the marginal revenue at a production level of 20.
(b) Find the production levels where the revenue is $200.
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Rx 3x 01x 2 Rx 3 0...View the full answer
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Related Book For 
Calculus And Its Applications
ISBN: 9780134437774
14th Edition
Authors: Larry Goldstein, David Lay, David Schneider, Nakhle Asmar
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