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The cost, in dollars, for a company to produce x amount of M M chocolate packet is given by C(x) = 6520 + 8.00x for x 0, and the price-demand...
The cost, in dollars, for a company to produce x amount of M & M chocolate packet is given by C(x) = 6520 + 8.00x for x ≥ 0, and the price-demand function, in dollars per packet, is p(x) = 45 − 0.03x for 0 ≤ x ≤ 3360.
How do you find and interpret C(250)?
How do you find and interpret C(250)?
How do you find and simplify the expression for the revenue function R(x)?
How do you find and interpret P(200), where P(x) is the profit function?