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The management of Ditton Industries has determined that the daily marginal reven

ID: 2842877 • Letter: T

Question

The management of Ditton Industries has determined that the daily marginal revenue function associated with selling x units of their deluxe toaster ovens is given by the following, where R '(x) is measured in dollars/unit.

The management of Ditton Industries has determined that the daily marginal revenue function associated with selling x units of their deluxe toaster ovens is given by the following, where R '(x) is measured in dollars/unit. R'(x)=-0.1x+40 Find the daily total revenue realized from the sale of 210 units of the toaster oven. $(No Response) Find the additional revenue realized when the production (and sales) level is increased from 210 to 310 units.$(No Response)

Explanation / Answer

Integrate R'(x) to get R(x):

R(x) = ? (-0.1x + 40) dx = -0.05x