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Marginal revenue and marginal cost

The figure shows the graph of revenue function y = R(x) and cost function y = C(x).

(a) At which of the four x-values shown is the profit largest?

(b) At which of the four x-values shown is the slope of the tangent to the revenue curve equal to the slope of the tangent to the cost curve?

1096_Marginal revenue.png

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92601378

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