A pharmaceutical corporation has two plants that produce the

Last updated: 7/29/2022

A pharmaceutical corporation has two plants that produce the same over-the-counter medicine. If x₁ and x₂ are the numbers of units produced at plant 1 and plant 2, respectively, then the total revenue for the product is given by R = 160x₁ + 160x₂ - 2x₁² - 4x₁x₂ - 2x₂². When x₁ = 11 and x₂ = 7, find the marginal revenue for plant 1, ƏR/0x₁, and the marginal revenue for plant 2, 3R/3x2. (a) Find the marginal revenue for plant 1, 3R/3x₁. (b) Find the marginal revenue for plant 2, ƏR/0x₂.