Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN: 9780079039897
Author: Carter
Publisher: McGraw Hill
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Question
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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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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