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Pls, I can remember my differential calculus very well. Can you please help me on how to solve a linear relationship with respect to the following question;
Total Cost= 5000+0.6x
Total revenue= 20x – 0.01x^21. Dertermine the level of output to maximise profit?
2. What should price be where TC=TR?
3. Explain the structure of this model?Thanks for your help.
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