(See Solution) The price-demand equation and the cost function for the production of table saws are given, respectively, by x = 8400 - 36 p and C (x)
Question: The price-demand equation and the cost function for the production of table saws are given, respectively, by x = 8400 – 36 p and C ( x ) = 60000 + 72 x , where x is the number of saws that can be sold a price of $ p per saw and C ( x ) is the total cost (in dollars) of producing a saw.
- Express the price p as a function of the demand x .
- Find the marginal cost.
- Find the revenue function, marginal revenue, profit function, and marginal profit.
Deliverable: Word Document 
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