Q6. The price received from sales in OMR per unit is given by p=x +x+1. i. the revenue function, ii. the marginal revenue furction, iii. the marginal revenue at x 100 units. iv, Interpret the result in (iii). Find:

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter1: Expressions And Functions
Section1.6: Relations
Problem 2AGP
icon
Related questions
Question

part 4

Q6. The price received from sales in OMR per unit is given by
p
=x? +x + 1.
Find:
i. the revenue function,
ii. the marginal revenue furction,
iii. the marginal revenue at r = 100 units.
iv. Interpret the result in (iii).
Transcribed Image Text:Q6. The price received from sales in OMR per unit is given by p =x? +x + 1. Find: i. the revenue function, ii. the marginal revenue furction, iii. the marginal revenue at r = 100 units. iv. Interpret the result in (iii).
Expert Solution
steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
College Algebra
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning