Solved

The Estimated Marginal Revenue for Sales of ESU Soccer Team

Question 106

Multiple Choice

The estimated marginal revenue for sales of ESU soccer team T-shirts is given by The estimated marginal revenue for sales of ESU soccer team T-shirts is given by   where p is the price (in dollars) the soccer player charge for each shirt. Find R (1) , R (5) , R (8) . Select the correct answer rounded to four decimal places. A) R '(5) = 0.0049, R '(8) = 0, R '(1) = -3.9987 B) R '(1) = 3.9987, R '(5) = -0.0049, R '(8) = 0 C) R '(1) = -3.9987, R '(5) = 0, R '(8) = -0.0049 D) R '(1) = 0.0049, R '(5) = 0, R '(8) = -3.9987 E) R '(5) = 0.0049, R '(1) = 0, R '(8) = -3.9987 where p is the price (in dollars) the soccer player charge for each shirt. Find R (1) , R (5) , R (8) . Select the correct answer rounded to four decimal places.


A) R '(5) = 0.0049, R '(8) = 0, R '(1) = -3.9987
B) R '(1) = 3.9987, R '(5) = -0.0049, R '(8) = 0
C) R '(1) = -3.9987, R '(5) = 0, R '(8) = -0.0049
D) R '(1) = 0.0049, R '(5) = 0, R '(8) = -3.9987
E) R '(5) = 0.0049, R '(1) = 0, R '(8) = -3.9987

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions