The marginal cost and the marginal revenue of a commodity are given by C(x)= 20 +0.05x and
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The marginal cost and the marginal revenue of a commodity are given by C(x)= 20 +0.05x and R(x)=30. The fixed is $200. Determine the maximum profit.
Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
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