In Problem, total revenue is in dollars and x is the number of units. (a) If the

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In Problem, total revenue is in dollars and x is the number of units.

(a) If the total revenue function for a product is R(x) = 4x, what is the marginal revenue function for that product?

(b) What does this marginal revenue function tell us?

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Mathematical Applications For The Management, Life And Social Sciences

ISBN: 9781337625340

12th Edition

Authors: Ronald J. Harshbarger, James J. Reynolds

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Question Posted: Oct 29, 2020 06:38 AM

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In Problem, total revenue is in dollars and x is the number of units. (a) If the

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Mathematical Applications For The Management, Life And Social Sciences

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