A company determines that the marginal revenue, R' , of selling the xth unit of its product is given by: (the attached image) with x>0. They further establish that they generate revenue of 25 when they produce and sell 1 unit of the product. Determine their revenue function R, and the value of x for which their revenue will be 50.
A company determines that the marginal revenue, R' , of selling the xth unit of its product is given by: (the attached image) with x>0. They further establish that they generate revenue of 25 when they produce and sell 1 unit of the product. Determine their revenue function R, and the value of x for which their revenue will be 50.
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter6: Applications Of The Derivative
Section6.3: Implicit Differentiation
Problem 1YT: Find dydx if x2+y2=xy.
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A company determines that the marginal revenue, R' , of selling the xth unit of its product is given by: (the attached image) with x>0.
They further establish that they generate revenue of 25 when they produce and sell 1 unit of the product.
Determine their revenue function R, and the value of x for which their revenue will be 50.
Transcribed Image Text:3/2
(In væ)
R'(x) =
2x
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