The marginal revenue function on sales of q units of a product is R'(q) = 200

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The marginal revenue function on sales of q units of a product is R'(q) = 200 − 12√q dollars per unit.
(a) Graph R¨(q).
(b) Estimate the total revenue if sales are 100 units.
(c) What is the marginal revenue at 100 units? Use this value and your answer to part (b) to estimate the total revenue if sales are 101 units.

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Applied Calculus

ISBN: 9781119275565

6th Edition

Authors: Deborah Hughes Hallett, Patti Frazer Lock, Andrew M. Gleason, Daniel E. Flath, Sheldon P. Gordon, David O. Lomen, David Lovelock, William G. McCallum, Brad G. Osgood, Andrew Pasquale

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Question Posted: Mar 31, 2023 02:46 AM

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The marginal revenue function on sales of q units of a product is R'(q) = 200

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a b By the Fundamental Theorem R0 0 because no revenue ...View the full answer

Applied Calculus

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