REALLY NEED HELP or explanation of what to do: The average revenue of a TV manufacturing unit is given by r(x) = 75x^(2)-5x^(3/2), where x is the number of TVs sold by the firm. Find the total revenue generated by the firm.
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OpenStudy (anonymous):
OpenStudy (amistre64):
how do we calculate an average?
OpenStudy (amistre64):
if we have a function f(x), the average function is f(x)/x
OpenStudy (anonymous):
yeah
OpenStudy (amistre64):
they give you the average and ask you for the ... mother? function
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OpenStudy (amistre64):
since dividing by x is an average, then multiplying by x should undo it
OpenStudy (anonymous):
i believe in economics the average revenue is equal to the total revenue divided by the quantity of the product or produced