Answer:
Step-by-step explanation:
Given that:
R(x) = + 34x − 17
As we know that derivative of revenue function is marginal revenue function .
We will use following rules of derivative
=> dR/ dx =
=> R' (x) =
=> R '(2000) = = 34
The revenue when 2000 units are sold is:
R(2000) = + 34*2000 − 17 = $69,783
Answer:
Dimensions of the rectangular plot will be 500 ft by 750 ft.
Step-by-step explanation:
Let the length of the rectangular plot = x ft.
and the width of the plot = y ft.
Cost to fence the length at the cost $3.00 per feet = 3x
Cost to fence the width of the cost $2.00 per feet = 2y
Total cost to fence all sides of rectangular plot = 2(3x + 2y)
2(3x + 2y) = 6,000
3x + 2y = 3,000 ----------(1)
3x + 2y = 3000
2y = 3000 - 3x
y =
y = 1500 -
Now area of the rectangle A = xy square feet
A = x[]
For maximum area
A' = = 0
1500 - 3x = 0
3x = 1500
x = 500 ft
From equation (1),
y = 1500 -
y = 1500 - 750
y = 750 ft
Therefore, for the maximum area of the rectangular plot will be 500 ft × 750 ft.
two fencing 3(500+500) = $3000
other two fencing 2(750+750) = $3000