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A company has MR = 30 x + 15 x^(2) and M...

A company has `MR = 30 x + 15 x^(2)` and `MC = 64 -1 6x + (3)/(2)x^(2)`. Find out the profit function and the output `x gt 0` when there is no profit if the fixed cost is zero.

Text Solution

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The correct Answer is:
`P(x) = (9)/(2) x^(3) +23 x^(2) - 64 x ; 2 `units
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