Question: Suppose that the revenue function for a certain product is given by R(x) = 15(2x + 1)-1 + 30x - 15 where x is in
R(x) = 15(2x + 1)-1 + 30x - 15
where x is in thousands of units and R is in thousands of dollars.
(a) Find the marginal revenue when 2000 units are sold.
(b) How is revenue changing when 2000 units are sold?
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