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A manufacturer determines that q units of a luxury item will be sold when the price is p = 100 - q In(q) dollars per
A manufacturer determines that q units of a luxury item will be sold when the price is p = 100 - q In(q) dollars per unit. a. Find the revenue and marginal revenue as functions of the number of units produced and sold. b. Use marginal revenue to estimate the revenue obtained from producing 13th unit
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Concepts In Differential Geometry
Authors: K N P Singh
1st Edition
9353146399, 9789353146399
