Question: Complete part C please rk 10: Question 13, 2.3.27-BE HW Score: 55.3%, 12.17 of 22 Part 3 of 3 points Points: 0.67 of 1 Save

Complete part C please

rk 10: Question 13, 2.3.27-BE HW Score: 55.3%, 12.17 of 22 Part 3 of 3 points Points: 0.67 of 1 Save The demand for a new computer game can be modeled by p(x) = 54 - 5 In x, for 0 sx 800, where p(x) is the price V consumers will pay, in dollars, and x is the number of games sold, in thousands. Recall that total revenue is given by R(x) = x . p(x). Complete parts (a) through (c) below. a) Find R(x). R(x) = 54x - 5x In x b) Find the marginal revenue, R'(x). R' (x) = 49 -5Inx c) How many units will be sold if the price that consumers are willing to pay is $40? The number of units that will be sold is (Round to the nearest whole number as needed.)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
