Find the profit or loss from the production

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Reference no: EM13779761

The metro city furniture company is planning to produce a new living room sofa. For the first year the fixed costs for setting up production are $30,000. the variable costs for producing each sofa are: $500. The revenue for each sofa is $900. (a.) Find the cost Function, C(x), for x sofas. (b.) Find the Revenue Function R(x), for x sofas (c.) Find the Profit Function, P(x) for x sofas. (d.) Find the profit or loss from the production of: 60 sofas.

Reference no: EM13779761

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