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Profit functions for this production process

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Reference no: EM131874087

Consider the following production parameters:

The Fixed Cost is $83,400,

The Variable cost per unit is $ 16.07;

And the selling price is $22.50

Find the cost, revenue, and profit functions for this production process. GRAPH ALL three functions on the same set of axis. GRAPH AND LABEL the intersection point.

Reference no: EM131874087

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