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Minima and Maxima; Marginal cost and Marginal Revenue: Can you illustrate two different demand and cost functions, explain and extrapolate how to take first and
Minima and Maxima; Marginal cost and Marginal Revenue: Can you illustrate two different demand and cost functions, explain and extrapolate how to take first and second derivative of each function for the purpose of maximizing profit, maximizing revenue, minimizing cost.
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