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Question An amusement park has a marginal cost function C x 1000e 5 where x represents the number of tickets sold an a marginal revenue
Question An amusement park has a marginal cost function C x 1000e 5 where x represents the number of tickets sold an a marginal revenue function given by R x 60 0 1x Assuming that the park has no fixed costs find the total profit generated when selling 550 tickets Round your answer to the nearest dollar
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Step: 1
To find the total profit generated when selling 550 tickets we will follow these steps 1 Integrate the marginal cost function C x C x to find the tota...Get Instant Access to Expert-Tailored Solutions
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Step: 2
Step: 3
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