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Hello I am confused on this question The monthly demand equation for an electric utility company is estimated to be p = 56 (10 _

Hello I am confused on this question

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The monthly demand equation for an electric utility company is estimated to be p = 56 (10 _ 5) x, where p is measured in dollars and x is measured in thousands of killewatthours. The utility has xed costs of $?,000,000 per month and variable costs of $22 per 1000 kilowatthours of electricity generated, so the cost function is C(x) = 7 - 106 + 22):. (a} Find the value of x and the corresponding price for 1000 kiiowatthours that maximize the utility's prot. lb} Suppose that the rising fuel costs increase the utiiitv's variable costs from $22 to $32, so its nevir cost function is C100 2 T - 105 + 32):. Should the utility pass all this increase of $1 0 per thousand kilowatthours on to the consumers

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