Solved: Determine the revenue from the sale, Accounting Basics

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Determine the revenue from the sale

Task:

Revenue from the sale of x two-liter bottles of cola is:

R(x) = 0.70x + 0.001x^2

Q1. Determine the revenue from the sale of 1 bottle, 5 bottles, and 10 bottles.

Q2. Determine the marginal revenue R´(x) and interpret the quantity R´(10) in your own words.

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Accounting Basics: Determine the revenue from the sale

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Accounting Basics: Determine the revenue from the sale

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