Given the units of measure for production and the units of measure for cost or revenue. Write a sentence interpreting the marginal as an increase. Revenue is given by hundred dollars when q thousand units are sold; .
A) When 16 thousand units are sold, revenue is increasing by $0.30 per unit.
B) When 16 thousand units are sold, revenue is decreasing by $0.30 per unit.
C) When 16 thousand units are sold, revenue is increasing by $30 per unit.
D) When 16 thousand units are sold, revenue is decreasing by $30 per unit.
E) When 16 thousand units are sold, revenue is increasing by $3 per unit.

Question

Given the units of measure for production and the units of measure for cost or revenue. Write a sentence interpreting the marginal as an increase. Revenue is given by  hundred dollars when q thousand units are sold;  .
A) When 16 thousand units are sold, revenue is increasing by $0.30 per unit. 
B) When 16 thousand units are sold, revenue is decreasing by $0.30 per unit. 
C) When 16 thousand units are sold, revenue is increasing by $30 per unit. 
D) When 16 thousand units are sold, revenue is decreasing by $30 per unit. 
E) When 16 thousand units are sold, revenue is increasing by $3 per unit.

Quizplus · Accepted Answer

The marginal increase is given as $0.30 per unit, meaning that as each unit is sold beyond 16,000, the revenue will increase by $0.30.

Given the Units of Measure for Production and the Units