1.

If MR and MC denotes the marginal revenue and marginal cost functions, then the profit functions is ________(a) P = ∫(MR – MC) dx + k (b) P = ∫(MR + MC) dx + k (c) P = ∫(MR) (MC) dx + k (d) P = ∫(R – C) dx + k

Answer»

(a) P = ∫(MR – MC) dx + k



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