Total revenue is defined as the product of quantity of an


Total revenue is defined as the product of quantity of an item sold and it price. The price of an item is given by:

The total cost incurred is the sum of the fixed costs and operating costs. The latter increases as more items of a product are manufactured hence the total cost is given by:

For a given product, it is found that the number of item s sold corresponding to maximum profit is 25. Calculate the number of items sold corresponding to the break even point.

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Business Economics: Total revenue is defined as the product of quantity of an
Reference No:- TGS01113414

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