(Steps Shown) The management of Ditton Industries has determined that the daily marginal revenue function associated with selling x units of their deluxe


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

\[R'\left( x \right)=-0.1x+40\]

where R '(x) is measured in dollars/unit.

  1. Find the daily total revenue realized from the sale of 200 units of the toaster oven.
  2. Find the additional revenue realized when the production (and sales) level is increased from 200 to 300 units.

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Solution: The downloadable solution consists of 1 pages
Deliverable: Word Document

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