Question 5. The graph of the marginal revenue function from the sale of x digital sports watches is given in the figure. A) Using the graph shown, verbally describe the shape of the Revenue function R(x) as x increases from 0 to 1000. R'(x) 100 B) Find the equation of the marginal revenue function (the linear function shown in the figure). C) Find the equation of the revenue function that satisfies R(0) = 0. Graph the revenue function over the interval [0, 1000]. {Check the shape of the graph relative to the analysis in Part A} 500 1,000 - 100 D) Find the price - demand equation and determine the price when the demand is 700 units.
Question 5. The graph of the marginal revenue function from the sale of x digital sports watches is given in the figure. A) Using the graph shown, verbally describe the shape of the Revenue function R(x) as x increases from 0 to 1000. R'(x) 100 B) Find the equation of the marginal revenue function (the linear function shown in the figure). C) Find the equation of the revenue function that satisfies R(0) = 0. Graph the revenue function over the interval [0, 1000]. {Check the shape of the graph relative to the analysis in Part A} 500 1,000 - 100 D) Find the price - demand equation and determine the price when the demand is 700 units.
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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![Question 5.
The graph of the marginal revenue function from the sale of x digital sports watches is
given in the figure.
A) Using the graph shown, verbally describe the shape
of the Revenue function R(x) as x increases from 0 to 1000.
R'(x)
100
B) Find the equation of the marginal revenue function
(the linear function shown in the figure).
C) Find the equation of the revenue function that satisfies
R(0) = 0. Graph the revenue function over the interval
[0, 1000]. {Check the shape of the graph relative to the
analysis in Part A}
500
1,000
- 100
D) Find the price - demand equation and determine the price when the demand is
700 units.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F270a75e6-25a9-4184-9e14-aadb36a510f9%2Fc157c9d0-bde1-40e6-82c7-09c30c3e6e6d%2Ftzl4ll_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Question 5.
The graph of the marginal revenue function from the sale of x digital sports watches is
given in the figure.
A) Using the graph shown, verbally describe the shape
of the Revenue function R(x) as x increases from 0 to 1000.
R'(x)
100
B) Find the equation of the marginal revenue function
(the linear function shown in the figure).
C) Find the equation of the revenue function that satisfies
R(0) = 0. Graph the revenue function over the interval
[0, 1000]. {Check the shape of the graph relative to the
analysis in Part A}
500
1,000
- 100
D) Find the price - demand equation and determine the price when the demand is
700 units.
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