Assume that a demand equation is giben by q = 7000-100p. find the marginal revenue for the given production levels (levels of q). (hint: solve the demand equation for p and use r(q) = qp)

a. 1500 units (simplify answer)

b. 3500 units (simplify answer)

c. 6500 units (simplify answer)

Option B.

Step-by-step explanation:

The demand function is

where p is price.

Solve the demand equation for p.

The revenue function is

Substitute the value of p in the above function.

Differentiate with respect to q.

Equate R'(q)=0,

Divide both sides by 2.

Therefore, the correct option is B.

the answer is 1 becuz if it were 1.0 that would rip apart the entire so ya. : )

~potato.

copyright potato 2019.

d. corresponding side lengths in similar triangles are proportional in length.

step-by-step explanation: