Suppose a product's revenue function is given by
R
(
q
)
=
−
7
q
2
+
700
q
\displaystyle {R}{\left({q}\right)}=-{7}{q}^{{2}}+{700}{q}
R
(
q
)
=
−
7
q
2
+
700
q
, where
R
(
q
)
\displaystyle {R}{\left({q}\right)}
R
(
q
)
is in dollars and
q
\displaystyle {q}
q
is units sold. Find a numeric value for the marginal revenue at
37
\displaystyle {37}
37
units.
M
R
(
37
)
=
\displaystyle {M}{R}{\left({37}\right)}=
M
R
(
37
)
=
$ per unit
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