Suppose that a wholesaler expects that his monthly revenue, in dollars, for an electronic game will be
R(x)=150x−0.15x 2
,0≤x≤800
where
x
is the number of units sold, Find his marginal revenue and interpret it when the quantity soid is the following. (a)
x=300
5 Interpret the marginal revenue| The sale of the 301 st unit results in a loss of this amount. This is the additional revenue from the 301st unit. The sale of the 300 th unit results in a loss of revenue of this amount. This is the additional revenue from the 300 th unit. (b)
x=700
5 Interpret the marginal revenue. The sale of the 700 th unit results in a loss of revenue of this amount. This is the additional revenue from the 300 th unit. This is the additional revenue from the 701 st unit. The sale of the 701 st unit results in a loss of this amount.