60 Suppose the demand function for x thousand of a certain item is p = 140 + , where x>1 and p is in dollars. In x (a) Find the marginal revenue. (b) Find the revenue from the next thousand items at a demand of 5000 (x = 5). (a) The marginal revenue function is R'(x) = (Use integers or fractions for any numbers in the expression.)

Advanced Engineering Mathematics
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ISBN:9780470458365
Author:Erwin Kreyszig
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Chapter2: Second-order Linear Odes
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60
Suppose the demand function for x thousand of a certain item is p= 140 + , where x>1 and p is in dollars.
In x'
(a) Find the marginal revenue.
(b) Find the revenue from the next thousand items at a demand of 5000 (x = 5).
(a) The marginal revenue function is R'(x)=
(Use integers or fractions for any numbers in the expression.)
Transcribed Image Text:60 Suppose the demand function for x thousand of a certain item is p= 140 + , where x>1 and p is in dollars. In x' (a) Find the marginal revenue. (b) Find the revenue from the next thousand items at a demand of 5000 (x = 5). (a) The marginal revenue function is R'(x)= (Use integers or fractions for any numbers in the expression.)
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