The price p (in dollars) and the demand x for a particular clock radio are related by the equation x = 4000-80p. (A) Express the price p in terms of the demand x, and find the domain of this function. (B) Find the revenue R(x) from the sale of x clock radios. What is the domain of R? (C) Find the marginal revenue at a production level of 2800 clock radios. (D) Interpret R'(2900) = -22.50.
The price p (in dollars) and the demand x for a particular clock radio are related by the equation x = 4000-80p. (A) Express the price p in terms of the demand x, and find the domain of this function. (B) Find the revenue R(x) from the sale of x clock radios. What is the domain of R? (C) Find the marginal revenue at a production level of 2800 clock radios. (D) Interpret R'(2900) = -22.50.
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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![The price p (in dollars) and the demand x for a particular clock radio are related by the equation x = 4000-80p.
(A) Express the price p in terms of the demand x, and find the domain of this function.
(B) Find the revenue R(x) from the sale of x clock radios. What is the domain of R?
(C) Find the marginal revenue at a production level of 2800 clock radios.
(D) Interpret R'(2900)= -22.50.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2e098ac1-841f-471c-865e-9e27b75aaa52%2F8eabc636-f8b9-4969-9945-99f4fa35cd30%2Fzl0o4l_processed.png&w=3840&q=75)
Transcribed Image Text:The price p (in dollars) and the demand x for a particular clock radio are related by the equation x = 4000-80p.
(A) Express the price p in terms of the demand x, and find the domain of this function.
(B) Find the revenue R(x) from the sale of x clock radios. What is the domain of R?
(C) Find the marginal revenue at a production level of 2800 clock radios.
(D) Interpret R'(2900)= -22.50.
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