Answer:
Marginal revenue = R'(Q) = -0.6 Q + 221
Average revenue = -0.3 Q + 221
Step-by-step explanation:
As per the question,
Functions associated with the demand function P= -0.3 Q + 221, where Q is the demand.
Now,
As we know that the,
Marginal revenue is the derivative of the revenue function, R(x), which is equals the number of items sold,
Therefore,
R(Q) = Q × ( -0.3Q + 221) = -0.3 Q² + 221 Q
∴ Marginal revenue = R'(Q) = -0.6 Q + 221
Now,
Average revenue (AR) is defined as the ratio of the total revenue by the number of units sold that is revenue per unit of output sold.

Where Total Revenue (TR) equals quantity of output multiplied by price per unit.
TR = Price (P) × Total output (Q) = (-0.3Q + 221) × Q = -0.3 Q² + 221 Q


∴ Average revenue = -0.3Q + 221
The direct variation equation relates x and y is y =
x
Step-by-step explanation:
Direct variation is when one variable is equal to a constant times another variable
If y varies directly with x, then
- y ∝ x
- y = k x is the equation of variation
- k is the constant of variation
∵ y varies directly with x
∵ y ∝ x
∴ y = k x
∵ y = 10 when x = 3
- Substitute these values in the equation above to find k
∴ 10 = k(3)
∴ 10 = 3 k
- Divide both sides by 3
∴ k = 
∴ The equation of variation is y =
x
The direct variation equation relates x and y is y =
x
Learn more:
You can learn more about variation in brainly.com/question/10708697
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