I need help with question (3.6). I've provided the marginal revenue function and marginal cost function (3.6) Use algebra to find the quantity, q , where the marginal revenue function is equal to the marginal cost function. That is, for what value of q is MR(q)=MC(q). Answer: q= _____ units (Round to the nearest whole unit)
I need help with question (3.6). I've provided the marginal revenue function and marginal cost function (3.6) Use algebra to find the quantity, q , where the marginal revenue function is equal to the marginal cost function. That is, for what value of q is MR(q)=MC(q). Answer: q= _____ units (Round to the nearest whole unit)
Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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I need help with question (3.6).
I've provided the marginal revenue function and marginal cost function
(3.6) Use algebra to find the quantity, q , where the marginal revenue function is equal to the marginal cost function. That is, for what value of q is MR(q)=MC(q).
Answer: q= _____ units (Round to the nearest whole unit)

Transcribed Image Text:e marginal cost function. Recall that your Cost function is:
C(q) = 71.4g + 18100
MC(q)
71.4

Transcribed Image Text:MR(q) =
-0.00096q² – 0.1442q + 525
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