Can you also show the work plz
1 answer:
You might be interested in
Given:
Marginal revenue (in dollars per unit) for a month is
To find:
The total revenue from the production and sale of 30 units.
Solution:
We know that, total revenue is integration of marginal revenue with respect to quantity.
Now, substitute x=30 in the equation of Total Revenue (TR).
Therefore, the total revenue from the production and sale of 30 units is $11,775.