manufacturer knows that if x (hundred) products are demanded in a particular
week, the total cost function is 14 + 3x and the total revenue function (MWK 000) is
19x - 2x²
a) Derive the total profit function.
b) Find the profit break even points.
c) Calculate the level of demand that maximises profit (maximum profit point) and
the amount of profit obtained.

Answer rating: 100% (QA)

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