Question: 15. The demand function for a product is given by p ( x ) = 10,000 0.05 x 2 , where x is the number
15.The demand function for a product is given byp(x) = 10,000 0.05x2, wherex is the
number of units of the product sold, andp is the price, in dollars.What is the marginal
revenue when 130 units of the product are sold?
Question 1 options:
A)
$7465
B)
$6500
C)
$7015
D)
$5000
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
