The function R(x)=R(x) x defines the average revenue for selling x units. For R(x)=2000x+20x2+x3 (a) find the
Question:
The function R̅(x)=R̅(x) x defines the average revenue for selling x units. For
R(x)=2000x+20x2+x3
(a) find the maximum average revenue.
(b) show that R̅(x) attains its maximum at an x-value where R̅(x)=M̅R̅.
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Rx 2000x20x 2 x 2 a Rx 0 if x 10 R0 0 R10 0 R20 ...View the full answer
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Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
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