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Write the revenue function, cost function and profit

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Reference no: EM133056542

Question - Suppose a firm manufactures hand towels and sells them for P175 each. If the costs incurred in the production and sale of the hand towels are P200,000 plus P25 for each hand towel produced and sold.

Required -

a. Write the revenue function, cost function and profit.

b. Find the break-even point and sales.

Reference no: EM133056542

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