Question: Find the marginal profit function Find MP(50), then interpret the meaning of MP(50) in the context of the problem 1) Let the price-demand function in

Find the marginal profit function Find MP(50), then interpret the meaning

Find the marginal profit function Find MP(50), then interpret the meaning of MP(50) in the context of the problem

of MP(50) in the context of the problem 1) Let the price-demand

1) Let the price-demand function in dollars per Item be p(x) = x - 12x + 40 and the cost function be C(x) = 62x2 + 27500, where C(x) is measured in dollars from the production and sales of x items. a) Find the profit function P(x). Simplify

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