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Homework answers / question archive / Suppose that a wholesaler expects that his monthly revenue, in dollars, for an electronic game will be R(x) = 190x - 0

Suppose that a wholesaler expects that his monthly revenue, in dollars, for an electronic game will be R(x) = 190x - 0

Math

Suppose that a wholesaler expects that his monthly revenue, in dollars, for an electronic game will be R(x) = 190x - 0.14x , 05 x $ 8DO where x is the number of units sold. Find his marginal revenue and interpret it when the quantity sold is the following. (a) x = 400 $ Interpret the marginal revenue. O This is the additional revenue from the 401st unit. O The sale of the 401st unit results in a loss of this amount. O The sale of the 400th unit results in a loss of revenue of this amount. This is the additional revenue from the 400th unit. (b) * = 700 Interpret the marginal revenue. The sale of the 701st unit results in a loss of this amount. This is the additional revenue from the 701st unit. This Is the additional revenue from the 400th unit. The sale of the 700th unit results in a loss of revenue of this amount. 

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