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Question: 1 suppose that a product sells for 450 per unit...

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1. Suppose that a product sells for $450 per unit and the total cost of making x units is given by Clxi = 0.0001 x 3-0.39 x4594 x + 200,000
e) For what production quantities (values of x) is total profit increasing and for what values is profit decreasing? f) Find the marginal cost function MC(x) C(x). ) Show that total costs are never decreasing. That is, show it is impossible for MC(x) to be negative. h) What is the marginal cost when the marginal profit P(x)-0. That is, at x 200 and 2400. i) What is the marginal cost for the 2399h unit and the 2401tuniti?.
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