Answered: 70.Given the cost function C(x) = 100 +…

Engineering

Civil Engineering

70.Given the cost function C(x) = 100 + 8x + 0.1x2, find the marginal profit at x = 50, if the price per unit is $20.

Engineering Fundamentals: An Introduction to Engineering (MindTap Course List)

5th Edition

ISBN:9781305084766

Author:Saeed Moaveni

Publisher:Saeed Moaveni

Chapter20: Engineering Economics

Section: Chapter Questions

Problem 32P

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70.Given the cost function C(x) = 100 + 8x + 0.1x2, find the marginal profit at x = 50, if the price per unit is $20.

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