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Question: a manufacturer has a monthly fixed cost of 36000 and...

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A manufacturer has a monthly fixed cost of $36,000 and a production cost of $7 for each unit produced. The product sells for $11/unit. (a) What is the cost function? (b) What is the revenue function? (q what is the profit function? (d) Compute the profit (loss) corresponding to production levels of 7,000 and 11,000 units RT,000) K1,000) .
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