The price p (in dollars) and the demand x for a particular clock radio are related by the equation x = 4000 - 40p. a. Ex

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The Price P In Dollars And The Demand X For A Particular Clock Radio Are Related By The Equation X 4000 40p A Ex 1 (300.91 KiB) Viewed 41 times

The price p (in dollars) and the demand x for a particular clock radio are related by the equation x = 4000 - 40p. a. Express the price p in terms of the demand x, and find the domain of this function. b. Find the revenue R(x) from the sale of x clock radios. What is the domain of R? c. Find the formula for the marginal revenue. d. Find the marginal revenue at a production level of 3500 clock radios. e. Interpret R'(3600) = -80.00. a. p = p(x) = C 100- 90- 80- 70- 60- 50- 40- 30- 20- 10- 0- Price of the Radio, p(x), dollars 800 1600 2400 3200 4000 Number of clock radios demanded, x