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The total revenue received from the sale...

The total revenue received from the sale of x units of a product is given by `R(x) = 20 x - 0.5x^(2)`. Find
Marginal revenue

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To find the marginal revenue from the total revenue function \( R(x) = 20x - 0.5x^2 \), we will follow these steps: ### Step 1: Write down the total revenue function The total revenue function is given as: \[ R(x) = 20x - 0.5x^2 \] ### Step 2: Differentiate the total revenue function To find the marginal revenue, we need to differentiate the total revenue function \( R(x) \) with respect to \( x \). The marginal revenue \( MR \) is given by: \[ MR = \frac{dR}{dx} \] ### Step 3: Apply the differentiation rules Using the power rule of differentiation, where \( \frac{d}{dx}(x^n) = n \cdot x^{n-1} \), we differentiate each term in \( R(x) \): - The derivative of \( 20x \) is \( 20 \). - The derivative of \( -0.5x^2 \) is \( -0.5 \cdot 2x = -x \). Putting it all together, we get: \[ MR = \frac{dR}{dx} = 20 - x \] ### Step 4: State the final result Thus, the marginal revenue is: \[ MR = 20 - x \]
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