Explanation Given information: The given equation R ' ( q ) = 200 − 12 q Concept used: Vertical intercept of the function is 200 and the rate is decreasing as the number of q units increases. Graph: Sketch the graph of the given revenue function To determine (b) To find: The total revenue for 100 units. To determine (c) To find: The marginal revenue at 100 units and using this value and answer to part 12 ( b ) for estimating the total revenue when sales are 101 units.

6th Edition

ISBN: 9781119275565

Author: Hughes-Hallett

Publisher: WILEY

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Question

Chapter 5.5, Problem 12P

To determine

(a)

The Graph R'(q) where R'(q)=200−12q.

To determine

(b)

To find:

The total revenue for 100 units.

To determine

(c)

To find:

The marginal revenue at 100 units and using this value and answer to part 12(b) for estimating the total revenue when sales are 101 units.

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Chapter 5.5, Problem 11P

Chapter 5.5, Problem 13P

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Chapter 5 Solutions

APPLIED CALCULUS-PRINT COMPANION (LL)

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(a) The Graph R ' ( q ) where R ' ( q ) = 200 − 12 q .

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(a) The Graph R'(q) where R'(q)=200−12q.

(b) To find: The total revenue for 100 units.

(c) To find: The marginal revenue at 100 units and using this value and answer to part 12(b) for estimating the total revenue when sales are 101 units.

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Chapter 5 Solutions

(a)

The Graph R'(q) where R'(q)=200−12q.

(b)

To find:

The total revenue for 100 units.

(c)

To find:

The marginal revenue at 100 units and using this value and answer to part 12(b) for estimating the total revenue when sales are 101 units.