MR nth 10. To find p use x -50p 8500 to solve for p. Your revenue is 8000.
MR nth TR n TR n _ 1 100 100.
X - 8500 -50p 8500 - 8500. Its used to calculate the gross profit margin and is the initial profit figure listed on a companys income statement. Total revenue can be calculated as the selling price of the firms product multiplied by the quantity sold. To find the revenue function use R x p.