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A pharmaceutical corporation has two locations that produce the same over-the-counter medicine. If x1 and x2 are the numbers of units produced at location 1 and location 2, respectively, then the total revenue for the product is given by R = 700x1 + 700x2 – 4x1² – 8x1×2 – 4x22. - When x1 = 6 and x2 = 12, find the following. (a) the marginal revenue for location 1, ôR/Əx1 (b) the marginal revenue for location 2, ôR/Əx2

A pharmaceutical corporation has two locations that produce the same over-the-counter medicine. If x1 and x2 are the numbers of units produced at location 1 and location 2, respectively, then the total revenue for the product is given by R = 700x1 + 700x2 – 4x1² – 8x1×2 – 4x22. - When x1 = 6 and x2 = 12, find the following. (a) the marginal revenue for location 1, ôR/Əx1 (b) the marginal revenue for location 2, ôR/Əx2

Calculus: Early Transcendentals
Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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A pharmaceutical corporation has two locations that produce the same over-the-counter medicine.

A pharmaceutical corporation has two locations that produce the same over-the-counter medicine. If x1 and x2 are the numbers of units produced at location 1 and location 2, respectively, then the total revenue for the product is given by R = 700x1 + 700x2 – 4x1? - 8x1x2 – 4x2². When x1 = 6 and x2 = 12, find the following. (a) the marginal revenue for location 1, ôR/Əx1 (b) the marginal revenue for location 2, aR/dx2
Transcribed Image Text:A pharmaceutical corporation has two locations that produce the same over-the-counter medicine. If x1 and x2 are the numbers of units produced at location 1 and location 2, respectively, then the total revenue for the product is given by R = 700x1 + 700x2 – 4x1? - 8x1x2 – 4x2². When x1 = 6 and x2 = 12, find the following. (a) the marginal revenue for location 1, ôR/Əx1 (b) the marginal revenue for location 2, aR/dx2
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