Give proper answer step by step and take a like 不A small tie shop finds that at a sales level of x ties per day its marginal profit is MP(x) dollars per tie, where MP(x) = 1.25+0.08x-0.0024x2. Also, the shop will lose $90 per day at a sales level of x=0. Find the profit from operating the shop at asales level of x ties per day.-

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ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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不 A small tie shop finds that at a sales level of x ties per day its marginal profit is MP(x) dollars per tie, where MP(x) = 1.25+0.08x-0.0024x2. Also, the shop will lose $90 per day at a sales level of x=0. Find the profit from operating the shop at a sales level of x ties per day. -