Calculate the marginal revenue and profit functions

Reference no: EM131010747

Your college newspaper, The Collegiate Investigator, sells for 90A??c per copy. The cost of producing x copies of an edition is given by C(x) = 10 + 0.10x + 0.001x² dollars.

(a) Calculate the marginal revenue R'(x) and profit P'(x) functions.

(b) Compute the revenue and profit, and also the marginal revenue and profit, if you have produced and sold 500 copies of the latest edition.

(d) For which value of x is the marginal profit zero?

(e) The graph of the profit function is a parabola with a vertex at x=_____ , so the profit is at a maximum when you produce and sell ______ copies.

Reference no: EM131010747

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