The demand equation for a certain item is p + 0.2x = 100 and the function...
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The demand equation for a certain item is p + 0.2x = 100 and the function of cost is C (x) = 6000 + 30x. Find the marginal utility when and sell 200 units as well as in the event that they are produced and sell 500 units. The demand equation for a certain item is p + 0.2x = 100 and the function of cost is C (x) = 6000 + 30x. Find the marginal utility when and sell 200 units as well as in the event that they are produced and sell 500 units.
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Utility will be maximized when profits derived are maximum ... View the full answer
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