The revenue (in thousands of dollars) from producing x units of an item is modeled by r(x)=12x-0.01x^2. a. find the average rate of change in revenue as x changes from 1002 to 1007. b. find the marginal revenue at x=1000.

It is given in the question that

The revenue (in thousands of dollars) from producing x units of an item is modeled by

a. Average rate of change is given by

So the average rate of change of revenue is -8090dollars per unit .

b .To find the marginal revenue, we have to differentiate revenue function, that is

And at x=1000, we will get

S the marginal revenue is -8000 dollars.

i had a similar work too, kindly contact professor james. so far he has handled 2 online tests and a paper for me. i attained 100% in both tests and 97% on the paper. kindly let him know that i referred you, i’m johnson.

read more on -

answerthe vertex form

step-by-step explanation: