Find The Marginal Revenue Function R X
Find the marginal revenue function.
Find the marginal revenue function r x. R x 16 6x. I think i have it i found the derivative but i m not sure if i m right. R x 5000 16x 3x 2 please help me get started on this extra credit question for calculus. Marginal profit function p x the derivative of p x.
In words the word marginal can be read as the next unit marginal revenue r x the next unit will make this revenue. Marginal cost function c x the next unit will be this cost. Marginal profit function p x the. The marginal revenue mr or r x is the instantaneous change in revenue and is the increase decrease in revenue for one unit change in sales.
Show transcribed image text. P x this problem has been solved. R x x 23 0 06x r x 5. Find the marginal revenue function.
Find the marginal revenue function. The marginal revenue function is the derivative of the revenue function with respect to the independent variable x in this case. Thus the approximate revenue from selling the 101st widget is 50. Find the marginal profit function if cost and revenue are given by c x 189 0 7x and r x 8x 0 01x.
R x x 15 0 02x r x 0 find the marginal profit function if cost and revenue are given by c x 217 0 5x and r x 3x 0 02x2. It tells us what increase in revenue is as a function of a particular x value. Using calculus it is the derivative of the r x function. R x 6x 0 06x2 r x d find the marginal revenue function.
Previous question next question. Marginal cost function c x the derivative of c x. Thus the integral of r x function gives us the r x as.