A pharmaceutical corporation has two plants that produce the same over-the-counter medicine. If x? and...
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A pharmaceutical corporation has two plants that produce the same over-the-counter medicine. If x? and x? are the numbers of units produced at plant 1 and plant 2, respectively, then the total revenue for the product is given byR = 160x? + 160x? - 2x? - 4x?x? - 2x?. When x? = 11 and x? = 7, find the marginal revenue for plant 1, ?R/0x?, and the marginal revenue for plant 2, 3R/3x2.(a) Find the marginal revenue for plant 1, 3R/3x?.(b) Find the marginal revenue for plant 2, ?R/0x?.
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