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Revenue  McRobert's Electronics sells 200 TVs per month at a price of $400 per unit. Market research indicates that the store can sell one additional TV for each $1 it reduces the price. In this case the total revenue is

R(x) = (200 + x) (400 - x)

where x is the number of additional TVs beyond the 200. If the store sells a total of 250 TVs, find the marginal revenue. Interpret your result.

Computer Engineering, Engineering

  • Category:- Computer Engineering
  • Reference No.:- M92598117

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