Question: The demand function for a widget is given by p = 1 0 0 + 4 0 0 l n x where p is the
The demand function for a widget is given by where is the price of the widget in dollars and is the number of items in thousands of items and
Find the marginal revenue function. The marginal revenue function is If thousand items are currently being made, by how much will the revenue change if we increase production by one thousand items? round to decimal places if rounding is neoded
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