Assume that the production of an article follows a model so linear that the fixed cost is of $831, the marginal cost is of $16 and the article is sold for $25. Determine the value of a in the profit function:
P(x) = ax - 831
:)
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Assume that the production of an article follows a model so linear that the fixed cost is of $831, the marginal cost is of $16 and the article is sold for $25. Determine the value of a in the profit function:
P(x) = ax - 831
:)
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