Total revenue is in dollars and x is the number of units. Suppose that the total revenue function for a commodity is R = 64x 0.02x2. (a) Find R(100). $ Terrific! Tell what it represents. O 101 units produce this amount of revenue. O The revenue decreases by about this amount when the number of units is increased from 100 to 101. O The actual revenue of the 100th unit is this amount. O The revenue increases by about this amount when the number of units is increased from 100 to 101. @ 100 units produce this amount of revenue. Amazing job. (b) Find the marginal revenue function. _R = 64 = 004x You got it! v (c) Find the marginal revenue (in dollars per unit) at x = 100. sko_ ] perun Tell what it predicts about the sale of the next unit and the next 3 units. The sale of the next unit will [increase v|\" the revenue by about $ . The sale of the next 3 units will [increase v| the revenue by about $ 1180 That's right!. (d) Find R(101) R(100). $[60.98 X Explain what this value represents. O marginal revenue at x = 100 O actual revenue from the 100th unit O actual revenue from 101 units