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Total revenue and total cost for a product

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Reference no: EM132518381

The total revenue and total cost for a product are related to production, x by:

TR = 14x - x2 + 2000

TC = x3 - 15x2 + 1000

How many units should the company make to:

a. Maximize total revenue

b. Minimize total cost

c. Maximize profit

Reference no: EM132518381

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