The price (p) of a product is given by: P = 175 - 49 And the...
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The price (p) of a product is given by: P = 175 - 49 And the total cost of the product is C = 1980 + 2q + 0.02q² Determine: The revenue function. • The revenue when quantity is 6. The marginal revenue. When the marginal revenue equals ● zero. The marginal cost. • When the marginal revenue equals marginal cost. ● The price (p) of a product is given by: P = 175 - 49 And the total cost of the product is C = 1980 + 2q + 0.02q² Determine: The revenue function. • The revenue when quantity is 6. The marginal revenue. When the marginal revenue equals ● zero. The marginal cost. • When the marginal revenue equals marginal cost. ●
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