The price-demand equation for the production of x ski jackets is given by: p 200 - 0.2x Write the revenue function. where x is the number of ski jackets and p is the price of R) = px ex=(200-.2)x Rx200ス2x2 1. Ski jackets 2. Find the total revenue when 80 ski jackets are produced and sold. X 80 R(S)=14,720 3. Find the marginal revenue function. MR A)- 20061)-.2(2) MR(X)= 200-.4x 4. Evaluate the marginal revenue at x = 80.
The price-demand equation for the production of x ski jackets is given by: p 200 - 0.2x Write the revenue function. where x is the number of ski jackets and p is the price of R) = px ex=(200-.2)x Rx200ス2x2 1. Ski jackets 2. Find the total revenue when 80 ski jackets are produced and sold. X 80 R(S)=14,720 3. Find the marginal revenue function. MR A)- 20061)-.2(2) MR(X)= 200-.4x 4. Evaluate the marginal revenue at x = 80.
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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
Transcribed Image Text:6.
Find the average revenue function.
7. Find the average revenue when 80 ski jackets are sold.
8.
Find the marginal average revenue function.
9. Evaluate the marginal average revenue at x = 80.
10. Interpret the results from #9.

Transcribed Image Text:Please show all work on this page.
The price-demand equation for the production of x ski jackets is given by: p 200 – 0.2x
1. Write the revenue function where x is the number of ski jackets and p is the price of
Ski jackets
R() = px
ex-(200-.2)x
Rx=200x.2x2
%3D
2.
Find the total revenue when 80 ski jackets are produced and sold.
R(s)=200(80)-.
R(S0)=14,720
3. Find the marginal revenue function.
MR() - 2006)-.2(2)
MR(W= 200-.4x
4. Evaluate the marginal revenue at x = 80.
5.
Interpret the results from #4.
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