Find total cost and total revenue and total profit

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Reference no: EM132012928

Suppose that the marginal cost for x units of a product is MC(x)=4x+50, the marginal revenue is MR(x)=500 and the cost of production and sale of 10 units is $1000.

Find total cost, total revenue and total profit.

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132012928

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