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The revenue function of a company is given by R(x)=-2x^2+25x+150, the cost function is given by C(x)=13x+100 a. Find the marginal cost and marginal revenue
The revenue function of a company is given by R(x)=-2x^2+25x+150, the cost function is given by C(x)=13x+100
a. Find the marginal cost and marginal revenue function.
b. Find the production level x where the profit is maximized. Then find the maximum profit.
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