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 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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