Suppose That the Equation R= 430q -

question 44

Essay

Suppose that the equation r= 430q -
gives the total revenue r (in dollars)that a manufacturer receives when q units of a product are sold.Determine the marginal revenue when q = 100 and interpret your result.

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Definitions:

Legal

Pertaining to the law or the system of rules that a particular country or community recognizes as regulating the actions of its members and may enforce by the imposition of penalties.

Social

Relating to society or its organization, or the interactions among individuals within a community.

Communal

Pertaining to or shared by members of a community or group.

Altruistic

The quality of unselfishly caring for the welfare of others, often at a personal cost.