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A firm is selling a new type of pink candy covered miniature cookie,and has established a revenue function R(x) = 6x0.5, where x is the
A firm is selling a new type of pink candy covered miniature cookie,and has established a revenue function R(x) = 6x0.5, where x is the amount of funds raised in the loan market.The interest rate on the loan is 7%.In this case, to maximize profit the firm should choose x =
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