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SOLVED: MAXIMUMPROFIL ANDMNMUMAVERAGE COSI The price of a certain commodity and the cost of producing are functions ofthe number of units produced and are given below: plq) = 710 - 1.1q7 C(q) =
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SOLVED: Suppose a calculator manufacturer has the total cost function C(x) = 36x + 6600 and the total revenue function R(x) = 56x. (a) What is the equation of the profit function