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  • 24-05-2023
  • Mathematics
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The demand for a manufacturer's product is given by P = 107 - 2Q, and the total cost by C = 200 + 3Q, where P is the unit price. It is assumed that the production level is exactly geared to the demand Q. i. Write down an expression for revenue in terms of Q, and find the break-even point(s) (i.e. the production level(s) for which profit becomes zero).

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