The price p (in dollars) and the demand x for a particular clock radio are related by the equation x = 5000- 50p. 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 formula for the marginal revenue. d. Find the marginal revenue at a production level of 3600 clock radios. e. Interpret R'(4600) = - 84.00. a. p=p(x) = APrice of the Radio, p(x) dollars 100 06 80- 70- 60- 50- 40- 30+
The price p (in dollars) and the demand x for a particular clock radio are related by the equation x = 5000- 50p. 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 formula for the marginal revenue. d. Find the marginal revenue at a production level of 3600 clock radios. e. Interpret R'(4600) = - 84.00. a. p=p(x) = APrice of the Radio, p(x) dollars 100 06 80- 70- 60- 50- 40- 30+
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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Question
![The price p (in dollars) and the demand x for a particular clock radio are related by the
equation x = 5000 - 50p.
rce
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 formula for the marginal revenue.
d. Find the marginal revenue at a production level of 3600 clock radios.
e. Interpret R'(4600) = - 84.00.
purce
ons
n Tog
APrice of the Radio, p(x), dollars
100-
a. p= p(x) =
90-
80-
70-
60-
50-
40-
30+](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb617f970-17a7-4104-bc74-ed76b098cd3d%2Fa3f7d5f8-0cdd-4896-90af-b1249b58a22e%2Fdjfpmcg_processed.jpeg&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 = 5000 - 50p.
rce
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 formula for the marginal revenue.
d. Find the marginal revenue at a production level of 3600 clock radios.
e. Interpret R'(4600) = - 84.00.
purce
ons
n Tog
APrice of the Radio, p(x), dollars
100-
a. p= p(x) =
90-
80-
70-
60-
50-
40-
30+
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