8+9x1x2 to the second power it has the 2 above the 2 but I just can't put it there on this
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Answer:
We are given that a manufacturer sells a product as $2 per unit.
Quantity = q units
So, Total revenue =
Total revenue =
So, the total revenue function is
Marginal revenue is the derivative of the revenue functions
So, Marginal revenue =
The marginal revenue function is 2
The constant marginal revenue function mean that the revenue earned by the addition of the output is constant.
Because the coefficient of x^2 is -1, we know that a will be -1. Knowing that the coefficient of x is -4, we can calculate that p=2. Thus, we have -1(x+2)^2+q is our equation. This is equal to -x^2-4x-4+q. As the constant term must be 2, we can then see that q is 6.
As such, we have -1(x+2)^2+6=0 as our factorization.
To solve this equation, we can use the quadratic formula. Plugging in values, we have:
which is equal to: (when the fraction is simplified)
As such, we have -1(x+2)^2+6=0 as our factorization.
To solve this equation, we can use the quadratic formula. Plugging in values, we have:
which is equal to: (when the fraction is simplified)