question 1: Given Cost and Revenue functions Upper C(q) = q3-11q2 + 59q+5000 and R(q) = -3q2 + 2400q, what is the marginal cost at a production level of 50items? marginal cost is ____ dollars per item question 2: The marginal co Given Cost and Revenue functions C(q) = q3-11q2+52q+5000 and R(q) = -3q2 + 2600q, what is the marginal profit at a production level of 40items? The marginal profit is dollars per question 3: Given Cost and Revenue functions C(q ) = q3-8q2 + 51q+5000 and R(q) = -3q2 + 2500q, at what production level is marginal revenue $2260 per item? The production level is enter your response here items.

question 1: Given Cost and Revenue functions Upper C(q) = q3-11q2 + 59q+5000 and R(q) = -3q2 + 2400q, what is the marginal cost at a production level of 50items? marginal cost is ____ dollars per item question 2: The marginal co Given Cost and Revenue functions C(q) = q3-11q2+52q+5000 and R(q) = -3q2 + 2600q, what is the marginal profit at a production level of 40items? The marginal profit is dollars per question 3: Given Cost and Revenue functions C(q ) = q3-8q2 + 51q+5000 and R(q) = -3q2 + 2500q, at what production level is marginal revenue $2260 per item? The production level is enter your response here items.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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