The average revenue function is given by AR = 25-x4. Find total revenue function and marginal revenue function. - Mathematics | Shaalaa.com
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Revenue The revenue R (in millions of dollars) for a company is related to its advertising expense by the function R=(1)/(100,000)(-x^3 600 x^2), 0 ≤x ≤400 where x is the amount spent on advertising (in tens of thousands of dollars). Use the graph of this function to estimate the point on the graph at which the function is increasing most rapidly. This point is called the point of diminishing returns because any expense above this amount will yield less return per dollar invested in advertisin
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