Assume that the total revenue (in dollars) from the sale of x television sets is given by
Question:
Assume that the total revenue (in dollars) from the sale of x television sets is given by
R(x) = 24(x2 + x)2/3.
Find and interpret the following.
(a) R(100)
(b) R′(100)
(c) R′(100)
(d) Find the average revenue function and the marginal average
revenue function.
Find and interpret the following.
(e) R(100)
(f) R̅′(100)
(g) R̅′(100)
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Rx 24x 2 x 23 a R100 24100 2 100 23 1121396 When 100 ...View the full answer
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