c() = 300 + 0.8 + (13*200/q) and the demand function of the product is:...
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Accounting
c() = 300 + 0.8 + (13*200/q) and the demand function of the product is: p() = 200 - 0.05
a. Determine the marginal cost, marginal revenue and marginal profit when q=50 and q=150? b. Interpret the results of the calculation in part (a) if it is related to cost, revenue and profit?
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