Question: Using the fact that profit is maximized when the marginal revenue equals marginal cost (provided that \(R'' x that should be produced in order to maximize profit

1. Revenue: \(R\left( x \right)=80x-0.02{{x}^{2}}\)
   Cost: \(C\left( x \right)=130+74x-0.1{{x}^{2}}\)
2. Revenue: \(R\left( x \right)=7x+0.001{{x}^{2}}\)

Cost: \(C\left( x \right)=5x+0.003{{x}^{2}}\)

Price: $2.99

Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document