Answered You can hire a professional tutor to get the answer.
QUESTION
A commodity has a function modeled by p= 496 - 0.2x^2 and a cost function of C= 10x +2. What unit price yields the maximum proft? Once profit is
A commodity has a function modeled by p= 496 - 0.2x^2 and a cost function of C= 10x +2. What unit price yields the maximum proft? Once profit is maximized, what is the average cost per unit?
