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Question 3 (4 points) Assume that the marginal cost function of a firm is C'(x) = a²²e² and that the fixed costs are re
Posted: Fri Jul 01, 2022 8:14 am
by answerhappygod
- Question 3 4 Points Assume That The Marginal Cost Function Of A Firm Is C X A E And That The Fixed Costs Are Re 1 (15.29 KiB) Viewed 152 times
Question 3 (4 points) Assume that the marginal cost function of a firm is C'(x) = a²²e² and that the fixed costs are re 2. a) Find the cost fimction C(r). b) Assume that the price per mit. P(r). varies with re [1. +00) according to the formula P(x)=x.e-2.c +30. Find the production level that maximizes profit, and compute the maximum profit.