Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The revenue R (in dollars) from renting x apartments can be modeled by R = 2 x ( 300 + 36 x x 2 ).

The revenue R (in dollars) from renting x apartments can be modeled by R = 2x(300 + 36x x2).

(a) Find the marginal revenue, in dollars, when x = 14.

(b) Find the additional revenue, in dollars, when the number of rentals is increased from 14 to 15.

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

College Algebra Graphs and Models

Authors: Marvin L. Bittinger, Judith A. Beecher, David J. Ellenbogen, Judith A. Penna

5th edition

321845404, 978-0321791009, 321791002, 978-0321783950, 321783956, 978-0321845405

More Books

Students also viewed these Mathematics questions