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KI The manager of a small firm is considering whether to produce a new product that would require leasing some special equipment at a cost
KI The manager of a small firm is considering whether to produce a new product that would require leasing some special equipment at a cost of $90,000 per month. In addition to this leasing cost, a production cost of $20 would be incurred for each unit of the product produced and direct labor $10 per product. Each unit sold would generate $70 in revenue. Develop a mathematical expression for the monthly profit that would be generated by this product in terms of the number of units produced and sold per month. Then determine how large this number needs to be each month to make it profitable to produce the product Select one: O a. profit = 30 Q - 90.000 to be profitable Q> 3000 O b. profit = 70 0 - 90.000 to be profitable Q > 1285 O e profit = 40 Q - 90 000 to be profitable Q> 2250 O d. profit = 40 Q - 90.000 to be profitable Q > 1285
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