Suppose that the revenue function for a certain product is given by R(x) = 17(2x + 1)−1 + 34x − 17 where x is in thousands of units and R is in thousands of dollars. (a) Find the marginal revenue (in thousands of dollars) when 2000 units are sold. $ 34 Incorrect: Your answer is incorrect. thousand (b) How does the revenue change when 2000 units are sold?

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

(x, y)→(x − 8, y − 7)

step-by-step explanation:

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step-by-step explanation: