MARGINAL REVENUE: Gardenscapes finds that its monthly revenue, in dollars, from the sale of x carved stone fountains is given by R(x)=0.62x¹-7.4x² +2510x a) What is the revenue earned from selling 85 fountains? b) Find the marginal revenue function. c) Determine the marginal revenue when 85 fountains are sold.
MARGINAL REVENUE: Gardenscapes finds that its monthly revenue, in dollars, from the sale of x carved stone fountains is given by R(x)=0.62x¹-7.4x² +2510x a) What is the revenue earned from selling 85 fountains? b) Find the marginal revenue function. c) Determine the marginal revenue when 85 fountains are sold.
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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Transcribed Image Text:MARGINAL REVENUE: Gardenscapes finds that its monthly revenue, in dollars, from the sale of x carved
stone fountains is given by
R(x)=0.62x² -7.4x² +2510x
a) What is the revenue earned from selling 85 fountains?
b) Find the marginal revenue function.
c) Determine the marginal revenue when 85 fountains are sold.
d) Use the answers from parts (a) and (c) to estimate the revenue that would result in selling
86 fountains this month.
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