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Economics

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Nov 24, 2024

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The weekly demand for the Pulsar 25 color LED television is p=600—0.052 (0 <2z < 12,000) where p denotes the wholesale unit price in dollars and x denotes the quantity demanded. The weekly total cost function associated with manufacturing the Pulsar 25 is given by Cx) = 0.000002z* — 0.03z% + 400z + 80, 000 where C(x) denotes the total cost incurred in producing x sets. a. Find the revenue function Rand the profit function P.
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