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2 Jul 2021
Assume that a demand equation is given by x= 9000-100p Find the marginal revenue for the given production levels (values of x)
Solve the demand equation for p and use R(x)=xp
(A) 3000 units
(B) 4500 units
(C) 6500 units
What is the marginal revenue function for R’(x)?
R’(x) = ◴
Assume that a demand equation is given by x= 9000-100p Find the marginal revenue for the given production levels (values of x)
Solve the demand equation for p and use R(x)=xp
(A) 3000 units
(B) 4500 units
(C) 6500 units
What is the marginal revenue function for R’(x)?
R’(x) = ◴
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2 Jul 2021
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