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Jozette C.

asked • 04/11/17

The cost and revenue functions of a company are given by the equation C(x)=30x+1000 and R(x)=70x-1000, respectively.

In these equations, x is the number of items produced and sold and C(x) and R(x) are in rands.
 
8.1 Determine the profit function P(x).
8.2 What is the break-even level?
8.3 Draw a neat plot of each function indicating functions C and R on the same set of axes.

1 Expert Answer

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Philip P. answered • 04/11/17

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Jozette C.

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