19. The marginal revenue from a particular product is given below. Assume that R = 0 when x = 0. dR = 420 – 7x dx a) Find the revenue function, R(x). b) Find the demand function (price function), p(x). c) Determine the number of items that must be sold to maximize the revenue.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter3: Linear And Nonlinear Functions
Section: Chapter Questions
Problem 26MCQ
icon
Related questions
Question
100%

QUESTION 19

plz provide handwritten answer asap

19. The marginal revenue from a particular product is given below. Assume that
R = 0 when x = 0.
dR
= 420 – 7x
dx
a) Find the revenue function, R(x).
b) Find the demand function (price function), p(x).
c) Determine the number of items that must be sold to maximize the
revenue.
Transcribed Image Text:19. The marginal revenue from a particular product is given below. Assume that R = 0 when x = 0. dR = 420 – 7x dx a) Find the revenue function, R(x). b) Find the demand function (price function), p(x). c) Determine the number of items that must be sold to maximize the revenue.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps with 4 images

Blurred answer
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Algebra and Trigonometry (MindTap Course List)
Algebra and Trigonometry (MindTap Course List)
Algebra
ISBN:
9781305071742
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage