If C x 14000 400x1 6x 0 0042 is the cost function and p x

Last updated: 12/4/2023

If C x 14000 400x1 6x 0 0042 is the cost function and p x 1600 7x is the demand function find the production level that will maximize profit Hint If the profit is maximized then the marginal revenue equals the marginal cost units