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2) If FC = $6000 MC =$100 Item sells for $500 a) Find the cost function. b) Find the Revenue function in terms of quantity.

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2) If FC = $6000 MC =$100 Item sells for $500 a) Find the cost function. b) Find the Revenue function in terms of quantity. c) Find the Profit function d) Breakeven point. Place answer in an ordered pair

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