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July 25, 2014

Homework Help: Calculus

Posted by Janel on Friday, July 20, 2012 at 9:44am.

it is assumed that the toothpaste market is perfectly competitive and the current price of a case of toothpaste is 42.00. CPI (the company) has estimated its marginal cost function to be as follows: MC (Marginal Costs) =.006Q (Quantity).
The board would like to know how many cases of toothpaste should be produced in order to maximize profits

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