Examlex

Solved

The Marginal Revenue from Producing X Units of a Certain 100+x0.001x2+0.00003x3100+x-0.001 x^{2}+0.00003 x^{3}

question 70

Multiple Choice

The marginal revenue from producing x 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 17001700 units.


Definitions:

Owners

Individuals or entities that legally possess property, businesses, or assets.

Sole Proprietorship

An organizational model in which a sole proprietor is in charge of the entire business, including its assets and debts.

Shares

Units of ownership interest in a corporation or financial asset that provide a proportionate claim on the company's earnings and assets.

Corporation

A legal entity that is separate from its owners, providing them with limited liability, and able to own assets, borrow money, and be sued.

Related Questions