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A company is planning to make a new kind of radio. The cost to produce x radios is C=96,000 + 12x. Meanwhile, the revenue earned
A company is planning to make a new kind of radio. The cost to produce x radios is C=96,000 + 12x. Meanwhile, the revenue earned by selling x radios is given by R= 18x. If R < C, the company loses money. At what level of production does this happen?
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