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anonymous
 one year ago
If C(x) = 16000 + 500x − 3.2x^2 + 0.004x^3
is the cost function and
p(x) = 2900 − 8x is the demand function, find the production level that will maximize profit. (Hint: If the profit is maximized, then the marginal revenue equals the marginal cost.) I have no idea hot to solve this, please help!
anonymous
 one year ago
If C(x) = 16000 + 500x − 3.2x^2 + 0.004x^3 is the cost function and p(x) = 2900 − 8x is the demand function, find the production level that will maximize profit. (Hint: If the profit is maximized, then the marginal revenue equals the marginal cost.) I have no idea hot to solve this, please help!

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anonymous
 one year ago
Best ResponseYou've already chosen the best response.0i put 100 for my answer and it was wrong though

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0nvm is not the same problem

Loser66
 one year ago
Best ResponseYou've already chosen the best response.0surely it is wrong since the p(x) is different from the page. You have to solve it with your own p(x) by imitating the steps on the page. NOT copy their answer.,

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0I got 83.35 could you check my answers just so I know i did it right?
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