The "revenue from one more unit when 8 units are sold" is R(9)- R(8).a) find the marginal revenue.
b)approximate the revenue from one more unit when 8 units are sold.
c)how might a manager use the information from part b?
As for this one, I figuared out that R'=50q^2+50/lnq+100
but I have no idea for part b and c
Because R'(8)= lim (R(8+h)- R(8))/h, we can approximate R'(8) by taking h= 1. R'(8) is approximately R(9)- R(8). What is R'(8)?