1. Solve the following equations:2. A firm charges a fixed price of £80 for each shirt sold. The firm has a total cost functi(a) x²-25=0 (b)x² + 20x=0 (c) x² - 40x + 14 = 0Q³-1360.(a) Write down the equation of the total revenue function.(b) Determine the break-even point.. (a) Simplify to a single term(i) 2 log(x) -log(2x)(ii) e³e-¹5-1

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1. Solve the following equations: (a) x²-25=0 (b)x+ 20x=0 (c) x² - 40x + 14 = 0 Late ld. The firm h

ENGR.ECONOMIC ANALYSIS

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ISBN:9780190931919

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Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

1. Solve the following equations:
2. A firm charges a fixed price of £80 for each shirt sold. The firm has a total cost functi
(a) x²-25=0 (b)x² + 20x=0 (c) x² - 40x + 14 = 0
Q³-1360.
(a) Write down the equation of the total revenue function.
(b) Determine the break-even point.
. (a) Simplify to a single term
(i) 2 log(x) -log(2x)
(ii) e³e-¹5-1

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