Question: A certain firm faces a cost function C ( x ) = 200 x and a demand function P ( x ) = 2000 -
A certain firm faces a cost functionC(x) = 200xand a demand functionP(x) = 2000 - 100x. What level of production should the firm produce at to maximize profit?
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| a. | x= 0 |
| b. | x= 9 |
| c. | x=203 |
| d. | x= 5 |
| e. | x= 10 |
| f. | x= 18 |
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