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A company is dedicated to producing tables and chairs. Material costs for each table are 35 and 9.00 for each chair; labor costs are 7
A company is dedicated to producing tables and chairs. Material costs for each table are 35 and 9.00 for each chair; labor costs are 7 for each table and 3 for each chair; fixed costs are $75 000. The selling price of each table is 85 and the price of each chair is 22 Write the total cost equation, the total income equation and the profit equation for the company as a function of the number of tables and silas sold.
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