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T Homework Homework Question 8, 11.3.31-BE Part 1 of 2 The revenue (in thousands of dollars) from producing x units of an item is modeled
Homework Question 8, 11.3.31-BE Part 1 of 2 The revenue (in thousands of dollars) from producing x units of an item is modeled by R(x) = 1 lx - 0.005x 2 a. Find the average rate of change in revenue as x changes from 1003 to 1006. b. Find the marginal revenue at x= 1000. a. The average rate of change in revenue is dollars per unit. (Do not round until the final answer. Then round to the nearest dollar as needed.)
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