Marginal Revenue for Gaming Mice The quantity of Sensitech laser gaming mice demanded each month is related to the unit price by the equation 58 0.01x² + 1 where p is measured in dollars and x in units of a thousand. Find the following functions (in dollars) and compute the following. (a) Find the revenue function R. R(x) = p= (0 ≤ x ≤ 20) X (b) Find the marginal revenue function R'. R'(x) = X (c) Compute R '(6). (Round your answer to three decimal places.) R'(6) = X
Marginal Revenue for Gaming Mice The quantity of Sensitech laser gaming mice demanded each month is related to the unit price by the equation 58 0.01x² + 1 where p is measured in dollars and x in units of a thousand. Find the following functions (in dollars) and compute the following. (a) Find the revenue function R. R(x) = p= (0 ≤ x ≤ 20) X (b) Find the marginal revenue function R'. R'(x) = X (c) Compute R '(6). (Round your answer to three decimal places.) R'(6) = X
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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Transcribed Image Text:Marginal Revenue for Gaming Mice The quantity of Sensitech laser gaming mice demanded each month is related to the unit price by the equation
58
0.01x² + 1
p =
(0 ≤ x ≤ 20)
where p is measured in dollars and x in units of a thousand. Find the following functions (in dollars) and compute the following.
(a) Find the revenue function R.
R(x) =
R'(X) =
X
(b) Find the marginal revenue function R'.
X
(c) Compute R '(6). (Round your answer to three decimal places.)
R'(6) =
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