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The demand function for buying some plants is p(q) = 2 − q 2000 . The...

The demand function for buying some plants is p(q) = 2 − q 2000 . The cost function for producing q plants is C(q) = 1000 + 0.2q.

(a) Find the marginal profit function.

(b) Find where the marginal profit function is equal to 0.

(c) Show that we get a local maximum at the value found in part (b).

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milcah answered 1 year ago
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