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) $17.90 is the marginal revenue from the 31st unit.
B) $15.80 is the marginal revenue from the 31st unit.
C) $537.00 is the marginal revenue from the 31st unit.
D) $552.73 is the actual revenue from the 31st unit.
E) $15.73 is the actual revenue from the 31st 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) $17.90 is the marginal revenue from the 31st unit. 
B) $15.80 is the marginal revenue from the 31st unit. 
C) $537.00 is the marginal revenue from the 31st unit. 
D) $552.73 is the actual revenue from the 31st unit. 
E) $15.73 is the actual revenue from the 31st 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) $17.90 is the marginal revenue from the 31st unit. 
B) $15.80 is the marginal revenue from the 31st unit. 
C) $537.00 is the marginal revenue from the 31st unit. 
D) $552.73 is the actual revenue from the 31st unit. 
E) $15.73 is the actual revenue from the 31st unit.

Total Revenue Is in Dollars and X Is the Number