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The Marginal Revenue from Producing xx Units of a Certain Product Is

question 46

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The marginal revenue from producing xx units of a certain product is
100+x0.001x2+0.00003x3100 + x - 0.001 x ^ { 2 } + 0.00003 x ^ { 3 } (in dollars per unit) .
Find the increase in revenue if the production level is raised from 1,100 units to 1,700 units.


Definitions:

Controlling

The process of monitoring performance, comparing it with desired outcomes, and taking corrective action as necessary to ensure achievement of objectives.

Implemented Plans

Strategies or actions that have been put into effect as part of achieving goals or objectives.

Objectives

Specific, measurable goals that are established to guide efforts towards achieving an organization's strategic aims.

Leading

The act of motivating, directing, and guiding individuals or teams to achieve organizational objectives.

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