Problem

Marginal revenue Suppose that the revenue from selling x washing machines is do...

Marginal revenue Suppose that the revenue from selling x washing machines is

dollars.

a. Find the marginal revenue when 100 machines are produced.

b. Use the function r’(x) to estimate the increase in revenue that will result from increasing production from 100 machines a week to 101 machines a week.

c. Find the limit of r’(x) as How would you interpret this number?

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Solutions For Problems in Chapter 3.3