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

question 95

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 = 100?
​

• A) The marginal revenue when x = 100 is $135.55 per day.
• B) The marginal revenue when x = 100 is $141.41 per day.
• C) The marginal revenue when x = 100 is $149.82 per day.
• D) The marginal revenue when x = 100 is $0.90 per day.

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Definitions:

Rights Offering

An offer to existing shareholders to purchase additional shares at a discount before the shares are offered to the public.

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The cost charged to subscribe to a service or investment, such as a magazine subscription or the price to subscribe to shares in a rights issue.