Answer to Question #198911 in Algebra for owais afzal

Question #198911

The Marginal Revenue function for a company's product is: [05] MR = 220000 - 18x where x equals the number of units sold. If total revenue equals 0 when 0 units are sold, determine the total revenue. 


1
Expert's answer
2021-05-30T23:15:51-0400

Given:

To explain the given statement as follows,

Here, the Marginal Revenue = 220000 - 18x.

To find the total revenue of the company.

Solution:

The Marginal Revenue dRdx=22000018x\frac{dR}{dx}=220000-18x

Now integrating with respect to x on both sides, we get

R(x)=220000x18x22+cR(x) = 220000x − 18\frac{x^2}{2}+c

R(x)=220000x9x2+cR(x) = 220000x−9x^2 +c

c=0c=0


Therefore, the Total Revenue as a function of x is 

R(x)=220000x9x2.R(x) = 220000x−9x^2 .


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