Consider the following total revenue function for a hammer: R(x)=24x 0.01x2 Match each of the following items with the correct answer: a) Find the marginal revenue function and use it to find the marginal revenue at x = 100. b) Find the actual revenue obtained from the sale of the 101st c) The sale of how many hammers, x, will maximize the total revenue in dollars? d) Find the maximum revenue. e) Find the maximum revenue if production is limited to at most 1000 hammers. a) Marginal Revenue at x = 100 [Choose ] b) Actual Revenue from the 101st sale [Choose ] c) The x that will maximize Total Revenue [Choose ] d) Maximum Revenue [Choose ] e) Maximum Revenue, given x can't be [Choose ] more than 1000 >

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter7: Analytic Trigonometry
Section7.6: The Inverse Trigonometric Functions
Problem 94E
Question
Consider the following total revenue function for a hammer:
R(x)=24x 0.01x2
Match each of the following items with the correct answer:
a) Find the marginal revenue function and use it to find the marginal revenue at x = 100.
b) Find the actual revenue obtained from the sale of the 101st
c) The sale of how many hammers, x, will maximize the total revenue in dollars?
d) Find the maximum revenue.
e) Find the maximum revenue if production is limited to at most 1000 hammers.
a) Marginal Revenue at x = 100
[Choose ]
b) Actual Revenue from the 101st sale
[Choose ]
c) The x that will maximize Total Revenue
[Choose ]
d) Maximum Revenue
[Choose ]
e) Maximum Revenue, given x can't be
[Choose ]
more than 1000
>
Transcribed Image Text:Consider the following total revenue function for a hammer: R(x)=24x 0.01x2 Match each of the following items with the correct answer: a) Find the marginal revenue function and use it to find the marginal revenue at x = 100. b) Find the actual revenue obtained from the sale of the 101st c) The sale of how many hammers, x, will maximize the total revenue in dollars? d) Find the maximum revenue. e) Find the maximum revenue if production is limited to at most 1000 hammers. a) Marginal Revenue at x = 100 [Choose ] b) Actual Revenue from the 101st sale [Choose ] c) The x that will maximize Total Revenue [Choose ] d) Maximum Revenue [Choose ] e) Maximum Revenue, given x can't be [Choose ] more than 1000 >
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