Suppose that the marginal revenue for a product is mr 900, Mathematics

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Suppose that the marginal revenue for a product is mr 900

Qusetion: In Problem cost, revenue, and profit are in dollars and x is the number of units.

Suppose that the marginal revenue for a product is (MR)‾ = 900 and the marginal cost is (MC)‾ = 30√(x + 4), with a fixed cost of $1000.

(a) Find the profit or loss from the production and sale of 5 units.

(b) How many units will result in a maximum profit?

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Mathematics: Suppose that the marginal revenue for a product is mr 900

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Mathematics: Suppose that the marginal revenue for a product is mr 900

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