Question: 1 . C ( x ) is the total cost of production and p ( x ) . is the per unit price. Using this
Cx is the total cost of production and pxis the per unit price. Using this information find the following:a find the marginal cost and marginal revenueb. Use marginal cost the estimate the cost of producing st unit, what is the actual cost of producing st unit?c Use the marginal revenue to estimate the revenue from selling the st unit, what is the actual revenue from st unit?
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