The management of ditton industries has determined that the daily marginal revenue function associated with selling x units of their deluxe toaster ovens is given by the following, where r '(x) is measured in dollars/unit. rtext( )'\(x\) = -0.1x + 40

(a) find the daily total revenue realized from the sale of 210 units of the toaster oven. $
(b) find the additional revenue realized when the production (and sales) level is increased from 210 to 310 units. $

(a) The daily total revenue realized from the sale of 210 units of the toaster oven is $6,195.

(b) The additional revenue realized when the production (and sales) level is increased from 210 to 310 units is $1,400.

Step-by-step explanation:

The marginal revenue gives the actual revenue realized from the sale of an additional unit of the commodity given that sales are already at a certain level.  The derivative R' of the function R measures the rate of change of the revenue function.

We know that the daily marginal revenue function is given by

(a) To find the the daily total revenue you must:

,

where C is a constant.

The daily total revenue realized from the sale of 210 units of the toaster oven is

x = 210 units

(b) To find the additional revenue realized when the production (and sales) level is increased from 210 to 310 units you must:

The additional revenue realized when the production (and sales) level is increased from 210 to 310 units is

too hard the other guy did it

step-by-step explanation: