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2. Suppose that the price of a particular model of TVs that can be sold per month is x p(x)=+50. The total cost of
2. Suppose that the price of a particular model of TVs that can be sold per month is x p(x)=+50. The total cost of producing x sets is C(x)=600 +15x. 2 a. Find the revenue function b. What are the break-even points? c. What is the maximum profit? At what price and output is this obtained?
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Price theory and applications
Authors: Steven E landsburg
8th edition
538746459, 1133008321, 780538746458, 9781133008323, 978-0538746458
