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Find formulas for the cost function

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A company producing jigsaw puzzles has fixed costs of $6000 and variable costs of $2 per puzzle. The company sells the puzzles for $5 each.

(a) Find formulas for the cost function, the revenue function, and the profit function.

(b) Sketch a graph of R(q) and C(q) on the same axes. What is the break-even point, q 0 , for the company?

Reference no: EM132643594

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