[Solved] Total revenue is in dollars and x is the number of units. Suppose that in a monopolistic market, the demand function for a product is given by
Question: Total revenue is in dollars and \(x\) is the number of units. Suppose that in a monopolistic market, the demand function for a product is given by \(p=200-0.2 x\) where \(x\) is the number of units and \(p\) is the price in dollars. Find and interpret the marginal revenue at 300 units.
Deliverable: Word Document 
(Steps Shown) The profit function for a commodity is p=700 x-4
![[Solved] A function and its first and](/images/solutions/MC-solution-library-40070.jpg "[Solved] A function and its first and second derivatives are given.")
[Solved] A function and its first and second derivatives are given.
![[All Steps] Find (d y)/(d x) if](/images/solutions/MC-solution-library-40071.jpg "[All Steps] Find (d y)/(d x) if y=ln")
[All Steps] Find (d y)/(d x) if y=ln
Solution: Find the derivative of the following function. y=ln
(See) For the given function, find the critical values:
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