The price p (in dollars) and the demand x for a particular clock radio are related by the equation x = 2000 - 80p. (A) Express the price p in terms of the demand x, and find the domain of this function. (B) Find the revenue R(x) from the sale of x clock radios. What is the domain of R? (C) Find the marginal revenue at a production level of 1200 clock radios. (D) Interpret R'(1700) = − 17.50. (A) p = p(x)= What is the domain of p(x)? OA. x ≤3000 OB. 0≤x≤ 2000 O C. x≥0 OD. All real numbers (B) R(x) = What is the domain of R(x)? OA. x≤3000 OB. x≥0 OC. 0≤x≤ 2000 OD. 0≤x≤ 80 (C) The marginal revenue at a production level of 1200 clock radios is $ (Round to the nearest cent as needed.) (D) Which of the following statements is NOT a correct interpretation of R'(1700) = - 17.50?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter1: Expressions And Functions
Section1.8: Interpreting Graphs Of Functions
Problem 1GP
Question
The price p (in dollars) and the demand x for a particular clock radio are related by the equation x = 2000 - 80p.
(A) Express the price p in terms of the demand x, and find the domain of this function.
(B) Find the revenue R(x) from the sale of x clock radios. What is the domain of R?
(C) Find the marginal revenue at a production level of 1200 clock radios.
(D) Interpret R'(1700) = − 17.50.
(A) p = p(x)=
What is the domain of p(x)?
OA. x ≤3000
OB. 0≤x≤ 2000
O C. x≥0
OD. All real numbers
(B) R(x) =
What is the domain of R(x)?
OA. x≤3000
OB. x≥0
OC. 0≤x≤ 2000
OD. 0≤x≤ 80
(C) The marginal revenue at a production level of 1200 clock radios is $
(Round to the nearest cent as needed.)
(D) Which of the following statements is NOT a correct interpretation of R'(1700) = - 17.50?
Transcribed Image Text:The price p (in dollars) and the demand x for a particular clock radio are related by the equation x = 2000 - 80p. (A) Express the price p in terms of the demand x, and find the domain of this function. (B) Find the revenue R(x) from the sale of x clock radios. What is the domain of R? (C) Find the marginal revenue at a production level of 1200 clock radios. (D) Interpret R'(1700) = − 17.50. (A) p = p(x)= What is the domain of p(x)? OA. x ≤3000 OB. 0≤x≤ 2000 O C. x≥0 OD. All real numbers (B) R(x) = What is the domain of R(x)? OA. x≤3000 OB. x≥0 OC. 0≤x≤ 2000 OD. 0≤x≤ 80 (C) The marginal revenue at a production level of 1200 clock radios is $ (Round to the nearest cent as needed.) (D) Which of the following statements is NOT a correct interpretation of R'(1700) = - 17.50?
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