Assume that the number of barbeque dinners that can be sold, x can be related to the price charged, by the equation p(x)=9-0.03x, Osxs300 Find the Revenue function, then use the marginal revenue function to estimate the revenue obtained from selling the 101st barbeque dinner. Rix-0.03y2+ Qy 101st dim
Assume that the number of barbeque dinners that can be sold, x can be related to the price charged, by the equation p(x)=9-0.03x, Osxs300 Find the Revenue function, then use the marginal revenue function to estimate the revenue obtained from selling the 101st barbeque dinner. Rix-0.03y2+ Qy 101st dim
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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![Assume that the number of barbeque dinners that can be sold, x can be
related to the price charged, by the equation p(x)=9-0.03x, Osxs300
Find the Revenue function, then use the marginal revenue function to
estimate the revenue obtained from selling the 101st barbeque dinner.
ORX) = -0.03x2+9x, 101st diner is approximately $600
OR) = -0.03x2 + 9x, 101st diner is approximately $3
O R(x) - 2700 -9x, 101st diner is approximately $9
O Rix) - 2700 -9x, 101s diner is approximately $1791](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fff333829-8234-42c2-af73-c7ae368eaac0%2F3e8d044a-7717-40d7-bd57-62be9d1f0271%2Fse3ho8i_processed.png&w=3840&q=75)
Transcribed Image Text:Assume that the number of barbeque dinners that can be sold, x can be
related to the price charged, by the equation p(x)=9-0.03x, Osxs300
Find the Revenue function, then use the marginal revenue function to
estimate the revenue obtained from selling the 101st barbeque dinner.
ORX) = -0.03x2+9x, 101st diner is approximately $600
OR) = -0.03x2 + 9x, 101st diner is approximately $3
O R(x) - 2700 -9x, 101st diner is approximately $9
O Rix) - 2700 -9x, 101s diner is approximately $1791
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