The figure shows the graphs of the cost and revenue functions for a company that manufactures and
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The figure shows the graphs of the cost and revenue functions for a company that manufactures and sells small radios. Use the information in the figure to solve Exercises 55–60.
a. Use the formulas shown in the voice balloons to write the company’s profit function, P, from producing and selling x radios.
b. Find the company’s profit if 20,000 radios are produced and sold.
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