Question: The total revenue, in dollars, for a commodity is described by the function R = 300x - 0.02x2 (a) What is the marginal revenue when
The total revenue, in dollars, for a commodity is described by the function
R = 300x - 0.02x2
(a) What is the marginal revenue when 40 units are sold?
(b) Interpret your answer to part (a).
Step by Step Solution
3.45 Rating (165 Votes )
There are 3 Steps involved in it
R 300x 002x 2 R 300 004x ... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
1386-M-C-L-A-D(3851).docx
120 KBs Word File
