Question

Write a word story for this problem If total revenue received from the sale of x...

Write a word story for this problem

If total revenue received from the sale of x items is given by R(x) =10ln(3x+1) while the total cost to produce x items is C(X) =X/3

find the following.

​(a) The marginal revenue

​(b) The profit function​ P(x)

​(c) The marginal profit when

X=30

​(d) Interpret the results of part​ (c).

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