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x If the total revenue received from the sale of x items is given by R(x) = 20 In (4x+1), while the total cost
x If the total revenue received from the sale of x items is given by R(x) = 20 In (4x+1), while the total cost to produce x items is C(x)= find the following. (a) The marginal revenue 4 (b) The profit function P(x) (c) The marginal profit when x = 80 (d) Interpret the results of part (c).
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Discrete Mathematics and Its Applications
Authors: Kenneth H. Rosen
7th edition
0073383090, 978-0073383095
