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Write your answer in terms of the following variables q= Production FC= the Fixed Costs of Production, MC= Material Cost per Unit, LC= Labor Cost

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Write your answer in terms of the following variables q= Production FC= the Fixed Costs of Production, MC= Material Cost per Unit, LC= Labor Cost per Unit, and P(q)= Total Profit for producing (and selling) q units.) P(q)= (c) Implement your model from part (b) in Excel using the principles of good spreadsheet design. (d) If Cox Electric makes 14,000 units of the new product, what is the resulting profit (in dollars)

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