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Solved: Profit Suppose that for the situation in Exercise
Chapter 4, Problem 54A(choose chapter or problem)
Profit Suppose that for the situation in Exercise the cost in dollars of producing q stereo systems is given by C(q) = 0.2q2 + 6q + 50. Find the marginal profit when the demand is 10.ExerciseRevenue If the price in dollars of a stereo system is given by where q represents the demand for the product, find the marginal revenue when the demand is 10.
Questions & Answers
QUESTION:
Profit Suppose that for the situation in Exercise the cost in dollars of producing q stereo systems is given by C(q) = 0.2q2 + 6q + 50. Find the marginal profit when the demand is 10.ExerciseRevenue If the price in dollars of a stereo system is given by where q represents the demand for the product, find the marginal revenue when the demand is 10.
ANSWER:Solution :Step 1 of 3 :In this problem, we have to find the marginal revenue when the demand is 10 .