A manufacturing concern's total cost function is C = X/5 and its revenue function is R =

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A manufacturing concern's total cost function is C = X/5 and its revenue function is R = 39 log(8X + 1). Find the optimum output where the profit is maximized and the maximum profit.

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Engineering Economy

ISBN: 978-0132554909

15th edition

Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

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Question Posted: May 17, 2016 05:44 AM

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A manufacturing concern's total cost function is C = X/5 and its revenue function is R =

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R11 R19 R30 R38 A Investment cost 1800 2700 3900 480...View the full answer

Engineering Economy

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