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The monthly demand for a product sold by KSM is P = 950-20 while the mean cost is C = 2000 +40 +0. Find
The monthly demand for a product sold by KSM is P = 950-20 while the mean cost is C = 2000 +40 +0. Find the amount of the product to produce so as to maximize the firm's profit hence maximum profit. (5marks)
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Introduction to Management Science
Authors: Bernard W. Taylor
11th Edition
132751917, 978-0132751919
