The weekly marginal revenue from the sale of x hair dryers is given by R(x) = 65
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The weekly marginal revenue from the sale of x hair dryers is given by
R′(x) = 65 - 6 ln(x + 1) R(0) = 0
where R(x) is the revenue in dollars. Find the revenue function and the production level (to the nearest unit) for a revenue of $20,000 per week. What is the weekly revenue (to the nearest dollar) at a production level of 1,000 hair dryers per week?
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Related Book For
College Mathematics For Business Economics, Life Sciences, And Social Sciences
ISBN: 978-0134674148
14th Edition
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker
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