A graph the marginal revenue function from problem 4b, Ask an Expert

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(a) Graph the marginal revenue function from Problem 4.

(b) Determine the number of units that must be sold to maximize total revenue.

Suppose that the total revenue function for a commodity is R(x) = 25x - 0.05x².

(a) Find R(50) and tell what it represents.

(b) Find the marginal revenue function.

(d) Find R(51) - R(50) and explain what this value represents.

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Computer Engineering, Engineering

Category:- Computer Engineering
Reference No.:- M92598303

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