Rmcs smooth soap has a marginal cost of 0387 per bar given, Ask an Expert

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RMC's Smooth soap has a marginal cost of $0.387 per bar. Given the demand function we used in the chapter (demand=2.538 million/price^3), express total revenue as a function of quantity demanded. Show that marginal revenue equals marginal cost when the quantity demanded is 12,974,330. Demonstrate that the optimal price is $0.5805 per bar

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Financial Management, Finance

Category:- Financial Management
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