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The price p (in dollars) and the demand x for a particular clock radio are related by the equation x = 3000 - 10p. (A)
The price p (in dollars) and the demand x for a particular clock radio are related by the equation x = 3000 - 10p. (A) Express the price p in terms of the demand x, and nd the domain of this function. (B) Find the revenue R(x) from the sale ofx clock radios. What is the domain of R? (C) Find the marginal revenue at a production level of 2300 clock radios. (D) Interpret R'(2400) = 180.00. E (A) p=p(x) = D What is the domain of p(x)? OSXSSOOO A if} B. x20 C x54000 D . All real numbers (B) M) = D What is the domain of R(x)? OSXSSOOO A {"3 B. 05xs10 C x20 D x s 4000 (C) The marginal revenue at a production level of 2300 clock radios is $|:|. (Round to the nearest cent as needed.) (D) Which of the following statements is NOT a correct interpretation of R'(2400) = - 180.00? (:3 A. At a production level of 2400 clock radios, the change in revenue per unit change in production is approximately 180.00 dollars. {:3 B. The total revenue for producing 2401 clock radios is approximately $180.00 less than the total revenue for producing 2400 clock radios. '23 C. If 2400 clock radios are produced, there will be no revenue, since R'(2400) is negative
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