Derive an expression for the marginal cost of production

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A manufacturer estimates that its variable cost for manufacturing a given product is given by the following expression: C(q) = 25q2 + 2000q [$] where C is the total cost and q is the quantity produced

a. Derive an expression for the marginal cost of production

b. Derive expressions for the revenue and the profit when the widgets are sold at marginal cost.

Reference no: EM13999717

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