Marginal revenue suppose that the revenue from selling x
washing machines is
p(x) = 20,000...
Mathematics, 23.09.2019 20:00 starsinopoli13
Marginal revenue suppose that the revenue from selling x
washing machines is
p(x) = 20,000( 1 -1/x )
dollars.
a. find the marginal revenue when 100 machines are produced.
b. use the function r'(x) to estimate the increase in revenue that will result from increasing production from 100 machines a
week to 101 machines a week.
c. find the limit of r'(x) as x > 0. how would you interpret
this number?
Answers: 1
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