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A toy company can sell x number of remote control cars at a price = 20 500 . a. Find the marginal revenue for the
A toy company can sell x number of remote control cars at a price = 20 500 . a. Find the marginal revenue for the company if it sells 1000 cars. b. If it costs the company $3 in materials and labor to produce each remote control car and the fixed cost is $26,000, how many cars should the toy company produce and sell in order to maximize profit. Hint: A firm will
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