A firm has monthly costs given by C = 45,000 + 100x + x3 where x is
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C = 45,000 + 100x + x3
where x is the number of units produced per month. The firm can sell its product in a competitive market for $4600 per unit. Find the marginal profit.
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Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
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