Problem

Bill’s Barber Shop has weekly costs of C(x) = 480 + 10x and weekly revenues of R(x) = 0.2x...

Bill’s Barber Shop has weekly costs of C(x) = 480 + 10x and weekly revenues of R(x) = 0.2x2 + 14x, where x is the number of customers per week.

a. Find the marginal cost for 65 customers.


b. Find the marginal revenue for 65 customers.


c. Find the marginal profit for 65 customers.


d. Determine the break-even point.

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