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A camera factory has fixed production cost of $50,000 plus $75 for each camera produced. Its cost of production function can be written as C
A camera factory has fixed production cost of $50,000 plus $75 for each camera produced. Its cost of production function can be written asC(x) = 75x+ 50,000.
The company decides to sell each camera for $325, so its revenue function can be written asR(x)=325x.
How many cameras must the company sell at $325 per camera in order to "break even"?
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