Mathematics
Mathematics, 08.10.2020 04:01, kraigstlistt

A linear revenue function is R = 70x. (Assume R is measured in dollars.) (a) What is the slope m? m = (b) What is the marginal revenue MR ? MR = What does the marginal revenue mean? Each additional unit sold yields this many dollars in revenue. If the number of units sold is increased by this amount, the revenue increases by $1. Each additional unit sold decreases the revenue by this many dollars. If the number of units sold is increased by this amount, the revenue decreases by $1. (c) What is the revenue received from selling one more item if 50 are currently being sold? $ What is the revenue received from selling one more item if 100 are being sold? $

answer
Answers: 3

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 14:40, beebeck6573
Chose the graph below that represents the following system of inequality’s
Answers: 2
image
Mathematics, 21.06.2019 17:30, 5001Je
Give the equations of two different lines that are perpendicular to the line 3x + 4y = 7.
Answers: 1
image
Mathematics, 21.06.2019 18:50, millernicholas622
The random variable x represents the number of phone calls an author receives in a day, and it has a poisson distribution with a mean of 8.7 calls. what are the possible values of x
Answers: 1
image
Mathematics, 22.06.2019 01:00, drakesmith43
The stairs leading from the ground to the entrance of a plane forms a right triangle with the ground. if the distance of the stairs measures 22 feet and the ground distance measures 11 feet, how high is the entrance to the plane from the ground? which diagram represents this scenario? / 22ft © 22ft 11 ft 11 ft 22 it
Answers: 3
Do you know the correct answer?
A linear revenue function is R = 70x. (Assume R is measured in dollars.) (a) What is the slope m? m...

Questions in other subjects:

Konu
Mathematics, 02.08.2019 12:30