Question

1) For a company the demand equation is given by p = 100 - 0.025x, where...

1) For a company the demand equation is given by p = 100 - 0.025x, where p represents the price per unit when x quantity of units is sold. Determine the marginal revenue when 2,500 units are sold, that is, R ’(2,500) and interpret the result.
2) The total weekly cost in dollars for manufacturing x calculators in a company is given by the function C (x) = 10x + 2,500. Determine the marginal average cost function.

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