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3. CHAPTER 32 = Assume the Total Benefit and Total Cost for your product are represented by the functions below. TB = 170A - A2

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3. CHAPTER 32 = Assume the Total Benefit and Total Cost for your product are represented by the functions below. TB = 170A - A2 TC = 100 - 10A + 2A2 In Excel, produce a chart that shows both functions with 50 data points (i.e. A=1...50). You decide what is A in your case (i.e. number of workers, hours of labor, etc. This is important because is going to determine your costs and profit). Estimate Marginal Benefit by taking the first derivative of Total Benefit (TB) Estimate Marginal Cost by taking the first derivative of Total Cost (TC). on How to insert functions to show so data points. exel to produce the chart

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