The graph of the marginal revenue function from the sale of x sports watches is given in the figure.
(A) Using the graph shown, describe the shape of the graph of the revenue function R(x)as x increases from 0 to 1,000.
(B) Find the equation of the marginal revenue function (the linear function shown in the figure).

(C) Find the equation of the revenue function that satisfies R(0) = 0. Graph the revenue function over the interval [0,1,000]. [Check the shape of the graph relative to the analysis in part (A).]
(D) Find the price-demand equation and determine the price when the demand is 700 units.

Transcribed Image Text:

R'(a) 100 500 1,000 -100 Figure for 86