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A firm will break even (no profit and no loss) as long as revenue just equals cost. The calue of x (the number of items
A firm will break even (no profit and no loss) as long as revenue just equals cost. The calue of x (the number of items produced and sold) where C(x)=R(x) is called the break even point. Assume that the numbers given can be expressed as a linear function fixed cost $144 variable cost $11 price of item $19 (all units produced can be sold) Find (a) the cost of the function, (b) the revenue function, and (c) the profit function (d) find the break even point and decide whether the product should be produced, given the restrictions on sales. According tot he restriction, no more then 32 units can be sold.If the restriction on sales is 32 units, should we produce the product?
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