Question:

Suppose a product's revenue function is given by R(q)=8q2 +

Last updated: 7/29/2022

Suppose a product's revenue function is given by R(q)=8q2 +

Suppose a product's revenue function is given by R(q)=8q2 + 900q, where R(q) is in dollars and q is units sold. Find a numeric value for the marginal revenue at 26 units, and record your result in the box below. Answer: MR(26)$ per unit