Question 1194084: Demand for a product is modeled by the function p = D(x) = 6(- e ^ (0.1x))Where p is price per unit, in dollars, and x is the number of units sold. Given that Revenue= (Number of units sold).(Price per unit)
Determine the marginal revenue function.
Answer by ikleyn(52775)   (Show Source):
You can put this solution on YOUR website! .
Demand for a product is modeled by the function p = D(x) = 6(- e ^ (0.1x))Where p is price per unit, in dollars,
and x is the number of units sold. Given that Revenue= (Number of units sold).(Price per unit)
Determine the marginal revenue function.
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According to your formula, the price "p" is a negative number, which is NONSENSE.
The formula is INCORRECT, it is written INCORRECTLY.
Take a labor to write it correctly; then re-post to the forum.
Please do not post your update to me personally.
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