Total revenue is in dollars and x is the number of units.Suppose that in a...
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Total revenue is in dollars and x is the number of units.Suppose that in a monopoly market, the demand function for a product is given by the following equation, where x is the number of units and p is the price in dollars.p = 400 - 0.2x(a) Find the total revenue from the sale of 500 units.(b) Find the marginal revenue at 500 units.
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