Given cost and price (demand) functions C(q)= 110q + 44,600 and p(g) = - 2q + 860, what is the marginal revenue at a production level of 55 items? The marginal revenue is $. (Round answer to nearest dollar.) Pr

Given cost and price (demand) functions C(q)= 110q + 44,600 and p(g) = - 2q + 860, what is the marginal revenue at a production level of 55 items? The marginal revenue is $. (Round answer to nearest dollar.) Pr

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Given cost and price (demand) functions C(g)= 110q + 44,600 and p(g) = - 2g + 860, what is the marginal revenue at a production level of 55 items?
The marginal revenue is $ .
(Round answer to nearest dollar.)
Pr
rith

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