The total revenue, in dollars, for a commodity is described by the function R = 300x -
Question:
R = 300x - 0.02x2
(a) What is the marginal revenue when 40 units are sold?
(b) Interpret your answer to part (a).
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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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