Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Bus Econ 13.2.45 The marginal revenue (in thousands of dollars) from the sale of x gadgets is given by the following function. The revenue from

image text in transcribed
Bus Econ 13.2.45 The marginal revenue (in thousands of dollars) from the sale of x gadgets is given by the following function. The revenue from 120 gadgets is $60,854. MR(x) = 4x(x2 + 29,000) (a) Find the revenue function. (b) What is the revenue from selling 250 gadgets? (c) How many gadgets must be sold for a revenue of at least $45,000? (a) R(x) - (Simplify your answer. Round to the nearest integer as needed.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Probability and Random Processes With Applications to Signal Processing and Communications

Authors: Scott Miller, Donald Childers

2nd edition

123869811, 978-0121726515, 121726517, 978-0130200716, 978-0123869814

More Books

Students also viewed these Mathematics questions

Question

The frustration that drives people to become entrepreneurs

Answered: 1 week ago