Question: Example. If the cost for 500 items is $7200 and the revenue is $9400, i.e., C(500) = 7200 and R(500) = 9400, and the C'


Example. If the cost for 500 items is $7200 and the revenue is $9400, i.e., C(500) = 7200 and R(500) = 9400, and the C' (500) = 15 and R'(500) = 20, then find a) the profit or loss for 500 items. b) the profit change if production increased from 500 to 501 items
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