Answered: F Given Cost and Revenue functions…

F Given Cost and Revenue functions C(q)=q³-8q² + 59q+ 5000 and R(q) = -3 -39² +2600q, what cost is incurred when marginal profit is $0? The costs are $ (Round to nearest cent.)

Microeconomics

13th Edition

ISBN:9781337617406

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter8: Production And Costs

Section8.4: Costs Of Production: Total, Average, Marginal

Problem 1ST

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F
Given Cost and Revenue functions C(q)=q³-8q² +59q + 5000 and R(q) = -3
-39² +2600q, what cost is incurred when marginal profit is $0?
The costs are $
(Round to nearest cent.)

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