Suppose that the marginal cost for x units of a product is


Suppose that the marginal cost for x units of a product is MC(x)=4x+50, the marginal revenue is MR(x)=500 and the cost of production and sale of 10 units is $1000.

Find total cost, total revenue and total profit.

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Financial Management: Suppose that the marginal cost for x units of a product is
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