marginal revenue
Not what you're looking for?
Waverly Products has found that its revenue is related to advertising expenditures by the function R (x) = 5000 + 16x - 3x2 ,where R(x) is the revenue in dollars when x hundred dollars are spent on advertising.
a) Find the marginal revenue function.
b) Find and interpret the marginal revenue when $1000 is spent on advertising.
Purchase this Solution
Solution Summary
Find and interpret the marginal revenue.
Purchase this Solution
Free BrainMass Quizzes
Graphs and Functions
This quiz helps you easily identify a function and test your understanding of ranges, domains , function inverses and transformations.
Probability Quiz
Some questions on probability
Know Your Linear Equations
Each question is a choice-summary multiple choice question that will present you with a linear equation and then make 4 statements about that equation. You must determine which of the 4 statements are true (if any) in regards to the equation.
Multiplying Complex Numbers
This is a short quiz to check your understanding of multiplication of complex numbers in rectangular form.
Solving quadratic inequalities
This quiz test you on how well you are familiar with solving quadratic inequalities.