Marginal revenue greater, Marginal revenue suppose the

Marginal revenue greater

Assignment Help Basic Computer Science

Reference no: EM131789282

Marginal revenue suppose the graph shows a manufacturer's total revenue, in thousands of dollars, from the sale of x cellular telephones to dealers.

(a) Is the marginal revenue greater at 300 cell phones or at 700? Explain.

(b) Use part (a) to decide whether the sale of the 301st cell phone or the 701st brings in more revenue. Explain.

1606_shows a manufacturer total revenue.png

Reference no: EM131789282

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