A manufacturer estimates marginal revenue to be 200q 1/2 dollars per unit when the level of production

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A manufacturer estimates marginal revenue to be 200q−1/2 dollars per unit when the level of production is q units. The corresponding marginal cost has been found to be 0.4q dollars per unit. If the manufacturer’s profit is $2,000 when the level of production is 25 units, what is the profit when the level of production is 36 units?

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Calculus For Business, Economics And The Social And Life Sciences

ISBN: 9780073532387

11th Brief Edition

Authors: Laurence Hoffmann, Gerald Bradley, David Sobecki, Michael Price

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