Given Cost and Price (demand) functions C(q) = 120q+40000 and p(q) = -2.2q +800, what is the marginal revenue when costs are $70,000? The marginal revenue is dollars per item. If necessary, round to the nearest integer
Given Cost and Price (demand) functions C(q) = 120q+40000 and p(q) = -2.2q +800, what is the marginal revenue when costs are $70,000? The marginal revenue is dollars per item. If necessary, round to the nearest integer
Chapter3: Functions
Section3.3: Rates Of Change And Behavior Of Graphs
Problem 4SE: How does the graph of the absolute value function compare to the graph of the quadratic function,...
Related questions
Question
Help
![Given Cost and Price (demand) functions C(q) = 120q+40000 and p(q) = -2.2q +800, what is the marginal revenue when costs are
$70,000?
The marginal revenue is dollars per item.
If necessary, round to the nearest integer](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F12d36c83-f991-4c22-88cf-2adf2ca3b459%2Ff513cc48-c69c-4f69-95e9-c1bcc87221f7%2Fek5nplr_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Given Cost and Price (demand) functions C(q) = 120q+40000 and p(q) = -2.2q +800, what is the marginal revenue when costs are
$70,000?
The marginal revenue is dollars per item.
If necessary, round to the nearest integer
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
![College Algebra](https://www.bartleby.com/isbn_cover_images/9781938168383/9781938168383_smallCoverImage.gif)
![College Algebra](https://www.bartleby.com/isbn_cover_images/9781337282291/9781337282291_smallCoverImage.gif)
![Trigonometry (MindTap Course List)](https://www.bartleby.com/isbn_cover_images/9781337278461/9781337278461_smallCoverImage.gif)
Trigonometry (MindTap Course List)
Trigonometry
ISBN:
9781337278461
Author:
Ron Larson
Publisher:
Cengage Learning
![College Algebra](https://www.bartleby.com/isbn_cover_images/9781938168383/9781938168383_smallCoverImage.gif)
![College Algebra](https://www.bartleby.com/isbn_cover_images/9781337282291/9781337282291_smallCoverImage.gif)
![Trigonometry (MindTap Course List)](https://www.bartleby.com/isbn_cover_images/9781337278461/9781337278461_smallCoverImage.gif)
Trigonometry (MindTap Course List)
Trigonometry
ISBN:
9781337278461
Author:
Ron Larson
Publisher:
Cengage Learning
![Glencoe Algebra 1, Student Edition, 9780079039897…](https://www.bartleby.com/isbn_cover_images/9780079039897/9780079039897_smallCoverImage.jpg)
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
![College Algebra (MindTap Course List)](https://www.bartleby.com/isbn_cover_images/9781305652231/9781305652231_smallCoverImage.gif)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning