Explanation Given information: C ' ( 50 ) = 75 R ' ( 50 ) = 84 Formula used: The marginal profit: π ' ( q ) = R ' ( q ) − C ' ( q ) Calculation: The marginal profit is π ' ( q To determine (b) To calculate: The profit earned by the 91 st item. To determine (c) To compare: C ' ( 78 ) and R ' ( 78 ) .

6th Edition

ISBN: 9781119399322

Author: Hughes-Hallett

Publisher: WILEY

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Question

Chapter 4.4, Problem 7P

To determine

(a)

To calculate:

The profit earned by the 51^st item.

To determine

(b)

To calculate:

The profit earned by the 91^st item.

To determine

(c)

To compare:

C'(78) and R'(78).

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Chapter 4.4, Problem 6P

Chapter 4.4, Problem 8P

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Chapter 4 Solutions

APPLIED CALCULUS (WILEY PLUS)

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