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4 Cards in this Set
- Front
- Back
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How do you get the revenue function?
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It is the Demand function integrated. The demand function is the derivative of the revenue function
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How do you get the cost function?
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variable costs*(q) + fixed costs
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How do you get the profit function?
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Revenue function minus the cost function
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How do you get the marginal profit function
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MP=P'(q)
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