Question: [ - / 5 Points ] Williams Commuter Air Service realizes a monthly revenue represented by the following function, where R ( x ) is

[-/5 Points]
Williams Commuter Air Service realizes a monthly revenue represented by the following function, where R(x) is measured in dollars and the price charged per passenger is x dollars.
R(x)=9,600x-120x2
(a) Find the marginal revenue R'(x).
R'(x)=
(b) Compute the following values.
R'(39)=
R'(40)=
R'(41)=
(c) Based on the results of part (b), what price (in dollars) should the airline charge in order to maximize their revenue? $
Need Help?
[ - / 5 Points ] Williams Commuter Air Service

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!