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Unformatted text preview: of the revenue and cost functions) Example 3: A manufacturer of garbage disposals, has a monthly ﬁxed cost of $10 , 000 and a production cost of $20 for each garbage disposal manufactured. The units sell for $50 each. (a) What is the cost function? (b) What is the revenue function? (c) What is the proﬁt function? 7...
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This note was uploaded on 03/04/2012 for the course MATH 141 taught by Professor Jillzarestky during the Fall '08 term at Texas A&M.
- Fall '08