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The total cost of manufacturing q 100 pencils is TC dollars where TC= 40+3q+q 2 /1000+1/q Pencils are sold for $7 per hundred. Show that
The total cost of manufacturing q 100 pencils is TC dollars where TC= 40+3q+q2/1000+1/q Pencils are sold for $7 per hundred. Show that the break-even quantity is the solution of the equation f(q)=q3/1000-4q2+40q+1=0
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