Suppose the monthly total revenue for manufacturing baseball bats is R(x) = 26.00x, where x is the number of bats sold each month. Find and interpret the marginal revenue for the product.
A) -$2.60 per bat; The revenue will decrease by $26.00 for each additional bat sold in a month.
B) $260 per bat; The revenue will increase by $260 for each additional bat sold in a month.
C) $2.60 per bat; The revenue will increase by $2.60 for each additional bat sold in a month.
D) $26.00 per bat; The revenue will increase by $26.00 for each additional bat sold in a month.

Question

Quizplus · Accepted Answer

The marginal revenue is the derivative of the total revenue function with respect to x, which in this case is constant at $26.00. This means for each additional bat sold, the revenue increases by $26.00.

Suppose the Monthly Total Revenue for Manufacturing Baseball Bats Is