Find the daily total revenue realized from the sale of 150 units of the toaster oven.

Question

Marginal Revenue

 The management of Ditton Industries has determined that the daily marginal revenue function associated with selling x units of their deluxe toaster ovens is given by the following, where R'(x) is measured in dollars/unit.

R'(x)=-0.1x+40

Answer 1

I believe you integrate R'(x) with limits of zero and 150: R(150) = ∫₀¹⁵⁰ (-0.1x + 40)dx = [-0.05x² + 40x]₀¹⁵⁰ = $7125.