Total revenue is in dollars and x is the number of units. Suppose that the total revenue function for a commodity is . Find , and tell what it represents.
A)$19.00. This represents the revenue from the sale of 50 units.
B)$1,049.00. This represents the marginal revenue from the sale of 50 units.
C)$1,050.00. This represents the marginal revenue from the sale of 50 units.
D)$1,000.00. This represents the revenue from the sale of 50 units.
E)$1.00. This represents the revenue from the sale of 50 units.

Question

Total revenue is in dollars and x is the number of units. Suppose that the total revenue function for a commodity is  . Find  , and tell what it represents. ​
A)$19.00. This represents the revenue from the sale of 50 units. 
B)$1,049.00. This represents the marginal revenue from the sale of 50 units. 
C)$1,050.00. This represents the marginal revenue from the sale of 50 units. 
D)$1,000.00. This represents the revenue from the sale of 50 units. 
E)$1.00. This represents the revenue from the sale of 50 units.

Quizplus · Accepted Answer

The Answer of Total revenue is in dollars and x is the number of units. Suppose that the total revenue function for a commodity is  . Find  , and tell what it represents. ​
A)$19.00. This represents the revenue from the sale of 50 units. 
B)$1,049.00. This represents the marginal revenue from the sale of 50 units. 
C)$1,050.00. This represents the marginal revenue from the sale of 50 units. 
D)$1,000.00. This represents the revenue from the sale of 50 units. 
E)$1.00. This represents the revenue from the sale of 50 units.

Total Revenue Is in Dollars and X Is the Number