Question
HELP! PART A The revenue from the sale of a product is, in dollars, R = 1500 x + 3000(4 x + 3) 1 1000
HELP!
PART A
The revenue from the sale of a product is, in dollars,
R = 1500x + 3000(4x + 3)1 1000
where x is the number of units sold. Find the marginal revenue when 150 units are sold. (Round your answer to two decimal places.) $= Interpret your result. If the sales go from 150 units sold to ( Answer ) units sold, the revenue will increase by about $ =
PART B
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 whole number.)
R = 20(5x + 1)1 + 90x 17 Find he marginal revenue when 50 units are sold.
$= Interpret your result.
If the sales go from 50 units sold to (Answer) units sold, the revenue will increase by about $=
PART C
Suppose that the weekly sales volume y (in thousands of units sold) depends on the price per unit (in dollars) of the product according to the following formula.
y = 30(3p + 1)2/5, p > 0
(a) What is the rate of change in sales volume when the price is $21? (Round your answer to three decimal places.)
dy/dp=
(b) Interpret your answer to part
(a). (Round your answer to the nearest whole number.)
If the price increases $1, the sales volume will decrease by (Answer) untis
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