Question: A marginal revenue function MR(x) (in dollars) is given below. Use numerical integration on a graphing calculator or computer to find the total revenue
A marginal revenue function MR(x) (in dollars) is given below. Use numerical integration on a graphing calculator or computer to find the total revenue over the given range. MR(x) = 160 1+5e-0.7x -15, 0x 300 The total revenue over the given range is approximately $ (Round to the nearest cent as needed.)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
