Question: p ( x ) = 12 - 0. 04 x ) what is revenue function ? REX ) = x ( plx) ) = 12x-

p ( x ) = 12 - 0. 04 x )

p ( x ) = 12 - 0. 04 x ) what is revenue function ? REX ) = x ( plx) ) = 12x- 0.04x2 Correct ? b) Use the Marginal Revenue Function to estimate The revenue obtained from selling The 150th toy. Compare this to the actual revenue obtained from the sale of the 150th toy . R' (x ) = 12 - 0.08X Correct ? Now what

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