A marginal revenue function is given below. R'(x)=(176/1+3e^-.02x) -44 (0 less than or equal to x less than or equal to 600) a. It is safe to assume that R(0)=0 Explain why this is true. b. Explain...


A marginal revenue function is given below.


R'(x)=(176/1+3e^-.02x) -44


(0 less than or equal to x less than or equal to 600)


a. It is safe to assume that R(0)=0 Explain why this is true.


b. Explain why a good approximation to the revenue, R(600) , can be had using the following formulation:


R(600)=dR_1+dR_2+...dR_9+dR_10


where dR_i=R'(x_i^*)dt,


dt=60


x_i^*=60(i-1)


and i= 1,2,...,9,10


 c. Modify the Desmos integral estimator to find a numerical solution to part (a) when ?=10, n=50, and ?=100. Paste the graph you make for each value of n.


d. use Desmos own integral calculator to find a numerical solution to part (a).



Jun 04, 2022
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