Total revenue is in dollars and x is the number of units. Suppose that the total revenue function for a commodity is . Find , and explain what this value represents. Round your answer to two decimal places.
A)$18.30 is the marginal revenue from the 71st unit.
B)$17.60 is the marginal revenue from the 71st unit.
C)$1,281.00 is the marginal revenue from the 71st unit.
D)$1,298.59 is the actual revenue from the 71st unit.
E)$17.59 is the actual revenue from the 71st unit.

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 explain what this value represents. Round your answer to two decimal places. ​
A)$18.30 is the marginal revenue from the 71st unit. 
B)$17.60 is the marginal revenue from the 71st unit. 
C)$1,281.00 is the marginal revenue from the 71st unit. 
D)$1,298.59 is the actual revenue from the 71st unit. 
E)$17.59 is the actual revenue from the 71st unit.

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 explain what this value represents. Round your answer to two decimal places. ​
A)$18.30 is the marginal revenue from the 71st unit. 
B)$17.60 is the marginal revenue from the 71st unit. 
C)$1,281.00 is the marginal revenue from the 71st unit. 
D)$1,298.59 is the actual revenue from the 71st unit. 
E)$17.59 is the actual revenue from the 71st unit.

Total Revenue Is in Dollars and X Is the Number