Question: 1. The total cost to produce x handcrafted wagons is C(x) = -x+10x. Find the Marginal Cost Function C'(x). Marginal Cost Function = C(x)=.
1. The total cost to produce x handcrafted wagons is C(x) = -x+10x. Find the Marginal Cost Function C'(x). Marginal Cost Function = C(x)=. 2. If the price of each wagon is $4, find the Revenue Function R(x) and the Marginal Revenue Function R'(x). Recall that R(x) = price times the number of each item sold (x). Revenue Function = R(x)=. Marginal Revenue Function = R'(x)=. 3. Find the Profit Function P(x) and the Marginal Profit Function P'(x). Recall that P(x) = Revenue minus Cost. Profit Function = P(x) = Marginal Profit Function = P(x)=
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