Question

Suppose that the total revenue in dollars from the sales of x hundred televisions is given...

Suppose that the total revenue in dollars from the sales of x hundred televisions is given by

R(x)=-100(x^2-16x)

a) Find the marginal revenue function

b) Find R[Prime](9)

c) If the manufacturer wants to maximize revenue , should he make more or less than 900 televisions? Why?

d) What does R[prime](9) mean and what does it predict? Compare this with actual total revenue.

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