Assume that a demand equation is given by x 7000 100p Find
Last updated: 6/7/2023
Assume that a demand equation is given by x 7000 100p Find the marginal revenue for the given production levels values of x Hint Solve the demand equation for p and use R x xp a 2000 units b 3500 units c 4500 units a Choose and fill in the correct response for x 2000 OA The marginal revenue at 2000 units is per production level OB The marginal revenue at units is 2000 production levels per 1 units is 2000 per production level OC The marginal revenue at OD The marginal revenue at 2000 units is production levels per 1 b Choose and fill in the correct response for x 3500 OA The marginal revenue at OB The marginal revenue at 3500 units is OC The marginal revenue at units is 3500 OD The marginal revenue at 3500 units is c Choose and fill in the correct response for x 4500 units is 3500 per production level production levels per 1 production levels per 1 per production level OA The marginal revenue at 4500 units is per production level GELER