Given Cost and Revenue functions C(q) = q° - 11q + 55q + 5000 and R(q) = - 3q +2600q, what is the marginal revenue at a production level of 60 items? The marginal revenue is dollars per item.
Given Cost and Revenue functions C(q) = q° - 11q + 55q + 5000 and R(q) = - 3q +2600q, what is the marginal revenue at a production level of 60 items? The marginal revenue is dollars per item.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter3: Linear And Nonlinear Functions
Section: Chapter Questions
Problem 26MCQ
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![Given Cost and Revenue functions C(q) = q° - 11q + 55q + 5000 and R(q) = - 3q+ 2600q, what is the marginal revenue at a production level of 60 items?
The marginal revenue is
|dollars per item.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fded954c6-461c-4cce-9bce-8e5026c2b011%2F327a48e5-9e18-4c0e-8889-8ba66730ed39%2Fwsd6k2_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Given Cost and Revenue functions C(q) = q° - 11q + 55q + 5000 and R(q) = - 3q+ 2600q, what is the marginal revenue at a production level of 60 items?
The marginal revenue is
|dollars per item.
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