He is incorrect because since 0.029 is in the thousandths place the fraction would be written as 29/1000
Answer:
I added a screenshot. ;)
Step-by-step explanation:
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
If the price of gasoline has increased from $2.00 per gallon to $3.00 per gallon. how would this price change be represented on the demand curve is: a movement from one point on the line to a higher point on the line.
<h3>What is demand curve?</h3>
Demand curve can be defined as the curve that show price of goods and services produced as well as the quantity demanded for the goods produce at a particular period of time.
The price change can be represented on the demand curve when price increase and this happen when the price of goods move from one point on a line to a higher point on the line
Therefore how would this price change be represented on the demand curve is: a movement from one point on the line to a higher point on the line.
Learn more about demand curve here:
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