The management of Ditton Industries has determined that the daily marginal revenue function associated with selling x units of their deluxe toaster ovens is given by R ′ (x) = −0.1x + 40 where R′ (x) is measured in dollars per unit. Find the daily total revenue realized from the sale of 200 units of the toaster oven. Find the additional revenue realized when the production (and sales) level is increased from 200 to 300 units.
The management of Ditton Industries has determined that the daily marginal revenue function associated with selling x units of their deluxe toaster ovens is given by R ′ (x) = −0.1x + 40 where R′ (x) is measured in dollars per unit. Find the daily total revenue realized from the sale of 200 units of the toaster oven. Find the additional revenue realized when the production (and sales) level is increased from 200 to 300 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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The management of Ditton Industries has determined that the daily marginal revenue function associated with selling x units of their deluxe toaster ovens is given by
R ′ (x) = −0.1x + 40
where R′ (x) is measured in dollars per unit. Find the daily total revenue realized from the sale of 200 units of the toaster oven. Find the additional revenue realized when the production (and sales) level is increased from 200 to 300 units.
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