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    Creating a Revenue Equation

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    Assume that a demand equation is given by x=5,000-10p. Find the marginal Revue for the given production levels (values of x). (Hint: Solve the demand equation for p and use R(x)=xp).
    1000 units
    2500 units
    3000 units.

    See the attached file.

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    Solution Summary

    The solution creates a revenue equation.