A pharmaceutical corporation has two plants that produce the same over-the-counter medicine. If x, and x₂ are the number
Posted: Mon Jul 11, 2022 11:07 am
A pharmaceutical corporation has two plants that produce the same over-the-counter medicine. If x, and x₂ are the numbers of units produced at plant 1 and plant 2, respectively, then the total revenue for the product is given by R = 150x, + 150x₂4x₁ 8x₁x₂4x₂². When x₁ = 3 and x₂ = 12, find the marginal revenue for plant 1, OR/Ox, and the marginal revenue for plant 2, OR/0x₂ 2 (a) Find the marginal revenue for plant 1, 0R/8x₁ (b) Find the marginal revenue for plant 2, 3R/3x₂