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A company is increasing the production of a product at the rate of 25 units per week. The demand and cost functions for the product
A company is increasing the production of a product at the rate of 25 units per week. The demand and cost functions for the product are given by p = 60 - 0.02x and C = 3000 + 20x - 0.04x^(2). Find the rate of change of the profit with respect to time when the weekly sales are x = 800 units.
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Frank Woods Business Accounting Volume 2
Authors: Frank Wood, Alan Sangster
10th Edition
0273693107, 978-0273693109
