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October 24, 2014

October 24, 2014

Posted by **Carly** on Monday, July 18, 2011 at 7:07pm.

What is the average rate of profit obtained as the level of production increases from q=0 to q=15?

I first expressed the manufacturer's profit as a function of q with the formula: P=(150-q)q-60. I thought the next step was to take the derivative and then plug in 0 and 15. That isn't working. Any ideas?

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