When x units of a certain luxury commodity are produced, they can all be sold at a

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When x units of a certain luxury commodity are produced, they can all be sold at a price of p thousand dollars per unit, where p = −6x + 100.

a. Express the revenue function R(x) as a function of x. How much revenue is obtained when x = 15 units are produced?

b. Find the average revenue function AR(x). What is the average revenue when 10 units are produced?

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Calculus For Business, Economics And The Social And Life Sciences

ISBN: 9780073532387

11th Brief Edition

Authors: Laurence Hoffmann, Gerald Bradley, David Sobecki, Michael Price

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Question Posted: May 22, 2023 06:24 AM

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When x units of a certain luxury commodity are produced, they can all be sold at a

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Calculus For Business, Economics And The Social And Life Sciences

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