The Unit Selling Price P (In Dollars) and the Quantity

question 242

Multiple Choice

The unit selling price p (in dollars) and the quantity demanded (in pairs) of a certain brand of women's gloves is given by the demand equation . What is the marginal revenue to the nearest cent per day when x = 10?

• A)The marginal revenue when x = 10 is $160 per day.
• B)The marginal revenue when x = 10 is $147.41 per day.
• C)The marginal revenue when x = 10 is $0.99 per day.
• D)The marginal revenue when x = 10 is $158.41 per day.

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Definitions:

Deviation IQ Score

A measure of an individual's intelligence relative to the average IQ of the population, calculated as the deviation from the median IQ score.

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A type of intelligence characterized by acquired knowledge, skills, and experience, often increasing with age.

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The aspect of intelligence that involves the ability to reason and think flexibly, solving new problems without relying on previously acquired knowledge.