In: Finance
Answer the following
Your business newspaper, Negocios - Caribeños, sells for 73 cents per copy. The cost of producing x copies of an edition is given by
C (x) = 55 + 0.07 x + 0.0008 x^2 dollars to.
Calculate the marginal functions of income and profit.
Marginal income =
Marginal gain =
Calculate revenue and profit, and also marginal revenue and marginal profit if you have produced and sold 784 copies of the latest edition. (result to two decimal places)
income =
$ gain =
$ per copy marginal revenue =
$ per copy marginal gain =
c. For what value of x is the marginal profit zero?