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A manger of small firm is considering whether to produce a

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A manger of small firm is considering whether to produce a new product that would require leasing equipment at 20,000 per month. Also a production cost of $10 would be incurred each unit. Each unit would generate $20 revenue.

Develop a mathematical expression for monthly profits. Then determine how large this number needs to be each month to make it profitableto produce the product.

Reference no: EM13589559

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