(a) Show that if the profit Psxd is a maximum, then the marginal revenue equals the
Chapter 4, Problem 60(choose chapter or problem)
(a) Show that if the profit Psxd is a maximum, then the marginal revenue equals the marginal cost. (b) If Csxd 16,000 1 500x 2 1.6x 2 1 0.004x 3 is the cost function and psxd 1700 2 7x is the demand function, find the production level that will maximize profit.
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