Question

The revenue in dollars from. the sale of x units of a product is represented by the following formula. (Round your answers to the nearest whale number.) R=10(2x+1)−1+75x−18 Find the marainal revenue when 30 units are sold. Interpret your result. If the sales go from 30 units sold to units sold, the revenue will increase by about 4

Answer 1

To find the marginal revenue when 30 units are sold, substitute x = 30 into the revenue formula. The marginal revenue when 30 units are sold is $2,841.

Step-by-step explanation:

To find the marginal revenue when 30 units are sold, we substitute x = 30 into the revenue formula.

R = 10(2x+1)−1+75x−18

R = 10(2(30)+1)−1+75(30)−18

R = 10(61)−1+2250−18

R = 610−1+2250−18

R = 610+2231

R = 2841

The marginal revenue when 30 units are sold is $2,841. This means that for each additional unit sold beyond 30 units, the revenue will increase by about $2,841.