Suppose that the marginal cost (in dollars) for a product is
and its fixed cost is $380.00. If the marginal revenue (in dollars) for the product is
, find the profit or loss from
production and sale of 35 units.
?
A. $46,485 profit
B. $2,410 profit
C. $2,410 loss
D. $46,145 loss
E. $46,145 profit
Answer: E
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.
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