Question: The total revenue function for a commodity is given by R = 80x - 0.04x2. (a) Find the marginal revenue function. (b) What is the
(a) Find the marginal revenue function.
(b) What is the marginal revenue at x = 100?
(c) Interpret your answer in part (b).
Step by Step Solution
3.46 Rating (159 Votes )
There are 3 Steps involved in it
R 80x 004x 2 a R 80 008x ... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
1386-M-C-L-A-D(3976).docx
120 KBs Word File
