SOLUTION: Given C(x)=24.41x + 122 and R(x)=27x, what is the marginal cost and the marginal revenue?
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Question 2407: Given C(x)=24.41x + 122 and R(x)=27x, what is the marginal cost and the marginal revenue?
Answer by sarahcwc(1) (Show Source): You can put this solution on YOUR website!
If slope is the marginal cost and marginal revenue and we know that y=mx+b then in the expression c(x)=24.4x + 122, 24.4 would be equal to m or slope.
In the expression r(x)=27x, m or slope would be 27. Can someone double check this and let me know?
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