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Suppose that the demand function for a consumer item is given by q = D(p) = 437 - 3p where p is %3D the price in dollars for one item and q is the number of units. If the marginal revenue is 5 dollars per each item that's made and sold, then to the nearest dollar, what is the total revenue that will be generated? Enter an exact integer value for the total revenue such as 1230 or 988 for example.

Suppose that the demand function for a consumer item is given by q = D(p) = 437 - 3p where p is %3D the price in dollars for one item and q is the number of units. If the marginal revenue is 5 dollars per each item that's made and sold, then to the nearest dollar, what is the total revenue that will be generated? Enter an exact integer value for the total revenue such as 1230 or 988 for example.

Calculus: Early Transcendentals
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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Suppose that the demand function for a consumer item is given by q = D(p) = 437 - 3p where p is the price in dollars for one item and q is the number of units. If the marginal revenue is 5 dollars %3D per each item that's made and sold, then to the nearest dollar, what is the total revenue that will be generated? Enter an exact integer value for the total revenue such as 1230 or 988 for example.
Transcribed Image Text:Suppose that the demand function for a consumer item is given by q = D(p) = 437 - 3p where p is the price in dollars for one item and q is the number of units. If the marginal revenue is 5 dollars %3D per each item that's made and sold, then to the nearest dollar, what is the total revenue that will be generated? Enter an exact integer value for the total revenue such as 1230 or 988 for example.
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