Question

Afirm's marginal revenue is MR=500-x-0.75x^2.find the total revenue TR.

Answer 1

hey, how's it going?

Answer 2

Good

Answer 3

How r u?

Answer 4

ok. marginal revenue is the derivative of total revenue with respect to quanitity

Answer 5

so you should get total revenue function by integrating the marginal revenue

Answer 6

Okay

Answer 7

do you know how to integrate that function?

Answer 8

No, ;)

Answer 9

to integrate a normal term like a number or x^n, you add one to the exponent (n), and then divide the coefficient by whatever the exponent you ended up with

Answer 10

so if you have x^2 it becomes (1/3)x^3 or 20 becomes (20/1)x^1

Answer 11

Okay thank you