The function R(x)=R(x) x defines the average revenue for selling x units. For R(x)=2000x+20x2+x3 (a) find the
Question:
The function R̅(x)=R̅(x) x defines the average revenue for selling x units. For
R(x)=2000x+20x2+x3
(a) find the maximum average revenue.
(b) show that R̅(x) attains its maximum at an x-value where R̅(x)=M̅R̅.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Rx 2000x20x 2 x 2 a Rx 0 if x 10 R0 0 R10 0 R20 ...View the full answer
Answered By
Utsab mitra
I have the expertise to deliver these subjects to college and higher-level students. The services would involve only solving assignments, homework help, and others.
I have experience in delivering these subjects for the last 6 years on a freelancing basis in different companies around the globe. I am CMA certified and CGMA UK. I have professional experience of 18 years in the industry involved in the manufacturing company and IT implementation experience of over 12 years.
I have delivered this help to students effortlessly, which is essential to give the students a good grade in their studies.
2+ Reviews
10+ Question Solved
Related Book For 
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
Question Posted:
