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The formulas below are the cost and revenue functions for a company that manufactures and sells small radios. C(x)=120,000+37x and R(x) = 49x a.
The formulas below are the cost and revenue functions for a company that manufactures and sells small radios. C(x)=120,000+37x and R(x) = 49x a. Use the formulas shown to write the company's profit function, P, from producing and selling x radios. b. Find the company's profit if 18,000 radios are produced and sold. KAPKA a. The company's profit function is P(x)= (Simplify your answer.)
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