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MAT 142-Economics

  • Subject Code :  

    MAT 142

  • Country :  

    United States

  • University :  

    Montgomery County Community College

Marginal Revenue Function. If the price function and revenue functions for x units of an item are, respectively,

p(x) = 100e-.006x and
R(x) = xp(x) =  100xe-.006x

find the marginal revenue function. What number of units gives the maximum revenue?

Include a graph of the revenue function in your answer. Make sure you use calculus to answer the question.

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