If the marginal revenue (in dollars per unit) for a month is given by MR = −0.5x + 400, what is the total revenue from the production and sale of 30 units?

Given:

Marginal revenue (in dollars per unit) for a month is

To find:

The total revenue from the production and sale of 30 units.

Solution:

We know that, total revenue is integration of marginal revenue with respect to quantity.

Now, substitute x=30 in the equation of Total Revenue (TR).

Therefore, the total revenue from the production and sale of 30 units is $11,775.

42.4

step-by-step explanation:

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