The total revenue (in dollars) from the sale of a toasters is R(x) = 120x - 0.5x^2Evaluate the marginal revenue at the following values:(A) R'(100) =(B) R'(450) =



Answer :

Given

The total revenue in dollars from the sale of a toasters is:

[tex]R(x)\text{ = 120x - 0.5x}^2[/tex]

The marginal revenue R'(x) is the first derivative of the total revenue

[tex]R^{\prime}(x)\text{ = 120 - x}[/tex]

(a) R'(100)

The value of the marginal revenue at 100 can be obtained by substitution:

[tex]\begin{gathered} R^{\prime}(100)\text{ = 120 - 100} \\ =\text{ 20} \end{gathered}[/tex]

Answer: 20

(b) R'(450)

The value of the marginal revenue at 450 is obtained by substitutionubstit

[tex]\begin{gathered} R^{\prime}(450)\text{ = 120 - 450} \\ =\text{ -330} \end{gathered}[/tex]

Answer: -330