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The price p (in dollars) and the demand x for a particular clock radio are related by the equation x = 5000- 50p. a. Express the price p in terms of the demand x, and find the domain of this function. b. Find the revenue R(x) from the sale of x clock radios. What is the domain of R? c. Find the formula for the marginal revenue. d. Find the marginal revenue at a production level of 3600 clock radios. e. Interpret R'(4600) = - 84.00. a. p=p(x) = APrice of the Radio, p(x) dollars 100 06 80- 70- 60- 50- 40- 30+

The price p (in dollars) and the demand x for a particular clock radio are related by the equation x = 5000- 50p. a. Express the price p in terms of the demand x, and find the domain of this function. b. Find the revenue R(x) from the sale of x clock radios. What is the domain of R? c. Find the formula for the marginal revenue. d. Find the marginal revenue at a production level of 3600 clock radios. e. Interpret R'(4600) = - 84.00. a. p=p(x) = APrice of the Radio, p(x) dollars 100 06 80- 70- 60- 50- 40- 30+

College Algebra
College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter3: Functions
Section3.2: Domain And Range
Problem 61SE: The cost in dollars of making x items is given by the function Cx)=10x+500. a. The fixed cost is...
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The price p (in dollars) and the demand x for a particular clock radio are related by the equation x = 5000 - 50p. rce a. Express the price p in terms of the demand x, and find the domain of this function. b. Find the revenue R(x) from the sale of x clock radios. What is the domain of R? c. Find the formula for the marginal revenue. d. Find the marginal revenue at a production level of 3600 clock radios. e. Interpret R'(4600) = - 84.00. purce ons n Tog APrice of the Radio, p(x), dollars 100- a. p= p(x) = 90- 80- 70- 60- 50- 40- 30+
Transcribed Image Text:The price p (in dollars) and the demand x for a particular clock radio are related by the equation x = 5000 - 50p. rce a. Express the price p in terms of the demand x, and find the domain of this function. b. Find the revenue R(x) from the sale of x clock radios. What is the domain of R? c. Find the formula for the marginal revenue. d. Find the marginal revenue at a production level of 3600 clock radios. e. Interpret R'(4600) = - 84.00. purce ons n Tog APrice of the Radio, p(x), dollars 100- a. p= p(x) = 90- 80- 70- 60- 50- 40- 30+
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