Linear cost function for producing

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Reference no: EM131172660

Assume that the following has a linear cost function for producing x items. Find the cost function, revenue function, and profit function.

FIXED COST            MARGINAL COST             ITEMS FOR SALE

$2000                              $9                                       $30

What is the cost function?

C(x) =

What is the revenue function?

R(x) =

What is the profit function?

P(x) =

(Simplify your answer)

Reference no: EM131172660

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