Suppose That the Revenue Function for a Certain Product Is

question 127

Multiple Choice

Suppose that the revenue function for a certain product is given by , where x is in thousands of units and R is in thousands of dollars. Find the marginal revenue (in thousands of dollars per unit) when 4,000 units are sold. Round your answer to two decimal places. ​

• A)33.79
• B)-29.48
• C)32.48
• D)29.48
• E)22.48

---

Definitions:

Buildings

Long-term physical assets used for business operations, classified under fixed or non-current assets on the balance sheet.

Insurance Expense

The cost incurred by a company to obtain insurance coverage, recognized as an expense over the period the insurance coverage is applicable.

Sales Receipt

A document that provides proof of a sales transaction, detailing the goods or services purchased and the amount paid.