Question: Marginal Revenue The demand function for a certain boat company's 3 4 fit Sundancer yacht is p = 8 0 0 - 0 . 0
Marginal Revenue The demand function for a certain boat company's fit Sundancer yacht is
where denotes the number of yachts and is the price per yacht in hundreds of dollars.
a Find the revenue function and the marginal revenue function for this model of yache.
b Use the result of part a to estimate the revenue to be realized from the sale of the fi Sundancer yacht. Round your answer to the nearest dollar.
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