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2 Jul 2021
The demand equation for handcrafted violins by a certain violin maker can be approximated by p= 23-x where p is the price in thousands of dollars and x is the quantity of violins demanded.
Find and interpret the marginal revenue for each of the given production levels.
(A) x=3
(B) x=10
(C) x=13
What is the marginal revenue function for R’(x)?
R’(x) = ◴
The demand equation for handcrafted violins by a certain violin maker can be approximated by p= 23-x where p is the price in thousands of dollars and x is the quantity of violins demanded.
Find and interpret the marginal revenue for each of the given production levels.
(A) x=3
(B) x=10
(C) x=13
What is the marginal revenue function for R’(x)?
R’(x) = ◴
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4 Jul 2021
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