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Please solve for the marginal revenue function using the demand function: Q=1400-100p
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- Find the demand function for the marginal revenue function. Recall that if no items are sold, the revenue is 0. R'(x)= 0.06x-0.09x + 186 p(x) =I need help with this problem for business calculus. The revenue given is R(x)=275(0.974)^2x+1 I have to find the marginal revenue when 150 computers are sold and interpret the answer in a sentence. I know that I have to find the Marginal revenue function and I think it's -14.48918*0.974^2x+1 but I'm not 100% sure. I also need some clarification if I need to plug 150 into x to get the marginal revenue for 150 computers sold. Please help, thank you!A startup software company has indicated its cost, c(x), and revenue, f(x), as given below, such that x is the number of lines of programing code (units in 1000 lines). c(x) = 80000 - 2(x-200)2 f(x) = (x-10)3 + (x+10)2 Find the marginal cost analytically, and draw its graph Find the marginal revenue analytically, and draw its graph Solve for the x point where marginal cost is equal to marginal revenue analytically. Comment why is this point significant analytically. Write the profit function and draw its graph Is the profit function concave up or concave down?
- Suppose that the marginal revenue from the sale of x units of a product is MR = R'(x) = 7e0.01x. What is the revenue in dollars nearest cent.) $ Submit AnswerIf the marginal revenue in dollars per unit for a month is given by MR= −0.04x + 36, find the total revenue function provided that R(0)= 25Find the Marginal Revenue and Marginal Cost functions from the following equations TR= Q3 – 6Q2 + 140Q + 750 TC= 35 + 5Q -2Q2 +2Q3
- Suppose the marginal cost of producing x units of a product is given by: MC=4x+50 And the marginal revenue is given by: MR = 500 And the cost of the production and sale of 10 units is $1000. What is the profit function for this product ?Let a linear cost function C(x) = 21.95 + 1400 and a linear revenue function R(x) = 20x. What is the marginal cost? What is the marginal revenue? Write the profit function P(x). What is the marginal profit?The marginal revenue MR =800-6q and the average cost function AC=5+300/q.Find the profit when 10 units are produced and sold