Tuesday, August 9, 2011

The demand equation for a certain function is p=14-(x/1000) and the cost function is C(X)=7,000+4x. Find...?

The demand equation for a certain function is p=14-(x/1000) and the cost function is C(X)=7,000+4x. Find the marginal profit at a production level of 3,000 units and interpret the results.

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