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with detailed solution thankyou Reference on comment section State theorem or formulas being used 5. The price-demand equation and the cost function for the production
with detailed solution thankyou
Reference on comment section
State theorem or formulas being used
5. The price-demand equation and the cost function for the production of a certain product are given by x = 6, 000 - 30p and C(x) = 72, 000 + 60x, respectively, where x is the number of units that can be sold monthly at a price p (Pesos) per piece. a. Determine the marginal cost. b. Determine the revenue function and the break-even point(s), i.e., the production level when the revenue is equal to the cost. c. Determine R'(1500) 6. Evaluate the following limits. (Don't forget to test first if the limit can be computed through simple substitution). lim 2x *+In 5x X-+ +00 7+exStep by Step Solution
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