Question
Marginal revenue is given by MR = =30 4q - 647.Find Total revenue funcion b) Average revenue function_ 5) Evaluate the following integrals a) J (Vx + 2x)dx b) f21(12x2 + 6x 10)dx c) Zdx d) 5 (-2) ax
Marginal revenue is given by MR = =30 4q - 647.Find Total revenue funcion b) Average revenue function_ 5) Evaluate the following integrals a) J (Vx + 2x)dx b) f21(12x2 + 6x 10)dx c) Zdx d) 5 (-2) ax
Answers
Cost and Revenue For a certain product, cost $C$ and revenue $R$ are given as follows, where $x$ is the number of units sold (in hundreds)
$$
\begin{array}{l}{\text { Cost: } C^{2}=x^{2}+100 \sqrt{x}+50} \\ {\text { Revenue: } 900(x-5)^{2}+25 R^{2}=22,500}\end{array}
$$
a. Find and interpret the marginal cost $d C / d x$ at $x=5$
b. Find and interpret the marginal revenue $d R / d x$ at $x=5$
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