Suppose that a wholesaler expects that his monthly revenue, in dollars, for an electronic game will be

R(x) = 110x 0.11x²,

0 x 800

where x is the number of units sold. Find his marginal revenue and interpret it when the quantity sold is the following.

(a) x = 100

Interpret the marginal revenue. (pick one)

This is the additional revenue from the 101st unit.

The sale of the 100th unit results in a loss of revenue of this amount.

The sale of the 101st unit results in a loss of this amount.

This is the additional revenue from the 100th unit.

(b) x = 700

Interpret the marginal revenue. (pick one) The sale of the 700th unit results in a loss of revenue of this amount.

The sale of the 701st unit results in a loss of this amount.

This is the additional revenue from the 701st unit.

This is the additional revenue from the 100th unit.