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If the cost of producing x units of a certain product is given by x² 4,000 C(x) = 700+ + 10 X and the price demand function is given by (in pesos) p(x) = 350- X (in pesos) 80 Approximate the profit earned in selling the 101st unit, using the marginal profit function.

If the cost of producing x units of a certain product is given by x² 4,000 C(x) = 700+ + 10 X and the price demand function is given by (in pesos) p(x) = 350- X (in pesos) 80 Approximate the profit earned in selling the 101st unit, using the marginal profit function.

Calculus: Early Transcendentals
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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If the cost of producing x units of a certain product is given by x² 4,000 X C(x) = 700 + and the price demand function is given by 10 (in pesos) X (in pesos) 80 Approximate the profit earned in selling the 101st unit, using the marginal profit function. p(x) = 350
Transcribed Image Text:If the cost of producing x units of a certain product is given by x² 4,000 X C(x) = 700 + and the price demand function is given by 10 (in pesos) X (in pesos) 80 Approximate the profit earned in selling the 101st unit, using the marginal profit function. p(x) = 350
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