Revenue A company has revenue given by R(x) = 564x dollars and total costs given by C(x) = 40,000 + 64x dollars, where x is the number of units produced and sold.
a. What is the revenue when 120 units are produced?
b. What is the cost when 120 units are produced?
c. What is the marginal cost and what is the marginal revenue for this product?
d. What is the slope of the graph of C(x) = 40,000 + 64x?
e. Graph R(x) and C(x) on the same set of axes.
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