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Given the following total-revenue and total-cost functions R (x) = and C (x) = , find the total profit, the maximum value of the total profit, and the value of x at which it occurs. Solution. Profit = Revenue - Cost: P (x) = (1000x - x^2) - (3400+ 10x). Remove parentheses P (x) = 1000x - x^2 - 3400 - 10x. The profit equation is: profit = revenue - costs, so an alternative margin formula is: margin = 100 * (revenue - costs) / revenue. Now that you know how to calculate profit margin , here's the formula for revenue: revenue = 100 * profit / margin .

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