The revenue (in thousands of dollars) from producing x units of an item is modeled by...

Question:

The revenue (in thousands of dollars) from producing x units of an item is modeled by R(x) = 10x -0.005% a. Find the average rate of change in revenue as x changes from 1003 to 1007 b. Find the marginal revenue at x=600. a. The average rate of change in revenue is dollars per unit. (Do not round until the final answer. Then round to the nearest dollar as needed.) b. The marginal revenue is dollars per unit. (Do not round until the final answer. Then round to the nearest dollar as needed.) Enter your answer in each of the answer boxes

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