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The table below gives pricing information about a company's best-selling product. Use the data to find a linear demand function. Then find the marginal revenue
The table below gives pricing information about a company's best-selling product. Use the data to find a linear demand function. Then find the marginal revenue function and use it to approximate the revenue received when the 1,201st item is sold. X 200 400 600 800 1,000 Price when x items 500 485 472 462 449 are demanded a) $0.30 b) $361.10 c) $523681.04 d) $523320.00 e) $360.98 f) None of the above
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