Question:

The revenue in thousands of dollars from producing x units

Last updated: 6/3/2023

The revenue in thousands of dollars from producing x units

The revenue in thousands of dollars from producing x units of an item is modeled by R x 7x 0 002x a Find the average rate of change in revenue as x changes from 1003 to 1005 b Find the marginal revenue at x 1500 a The average rate of change in revenue is dollars per unit Do not round until the final answer Then round to the nearest dollar as needed