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Given Profit = 720x - 4x 2 . I'm looking for the demand function, and the only other variable given is the maximum x value
Given Profit = 720x - 4x2. I'm looking for the demand function, and the only other variable given is the maximum x value which is 20. Is it okay to assume that my cost function is 20x2? Can I just do MR = MC to find the demand?
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