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Revenue - profit: It has been determined that the cost of producing units of a certain item is 1 1 + 5 0 0 .

Revenue - profit: It has been determined that the cost of producing units of a certain item is 1 1 + 5 0 0 . The demand function is given by = ( ) = 3 1 - 0 . 5 . a . Write the revenue function. b . Write the profit function

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