Theory and ExamplesThe accompanying graph shows the

Chapter 4, Problem 110E

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QUESTION:

Problem 110E

Theory and Examples

The accompanying graph shows the monthly revenue of the Widget Corporation for the last 12 years. During approximately what time intervals was the marginal revenue increasing? Decreasing?

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QUESTION:

Problem 110E

Theory and Examples

The accompanying graph shows the monthly revenue of the Widget Corporation for the last 12 years. During approximately what time intervals was the marginal revenue increasing? Decreasing?

ANSWER:

Solution

Step 1 of 3

In this problem we have to find at what time the marginal revenue increasing and at what time the marginal revenue decreasing.

Consider the marginal revenue is .

If  marginal revenue increasing its derivative is positive value.


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