The total revenue, in dollars, from the sale of x units of a product is given by R(x) 2700x In(9x+9) (a) Find the marginal revenue MR function. MR = (b) Find the marginal revenue when 100 units are sold. (Round your answer to the nearest cent.) $ Interpret your result. ◇ Selling one additional unit yields approximately this amount. The cost of producing one additional unit is approximately this amount. The total revenue from selling 100 units is this amount. The total cost of producing 100 units is this amount.

The total revenue, in dollars, from the sale of x units of a product is given by R(x) 2700x In(9x+9) (a) Find the marginal revenue MR function. MR = (b) Find the marginal revenue when 100 units are sold. (Round your answer to the nearest cent.) $ Interpret your result. ◇ Selling one additional unit yields approximately this amount. The cost of producing one additional unit is approximately this amount. The total revenue from selling 100 units is this amount. The total cost of producing 100 units is this amount.

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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