Question: with detailed solution reference : https://t.co/CyokECcrl4 v 3. A company determined that the price-demand and cost functions for selling x units of a certain pro

 with detailed solution reference : https://t.co/CyokECcrl4 v 3. A company determined

with detailed solution reference : https://t.co/CyokECcrl4 v

that the price-demand and cost functions for selling x units of a

3. A company determined that the price-demand and cost functions for selling x units of a certain pro ct a p(x) = %x + 550 and C(x) = x2 + 100x + 2500. respectively, where p and C are in pesos. (a) Find the the marginal profit when 200 units of the product are sold. (2 points) (b) At what production level is the average cost per product at a minimum? 6 (3 points)

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