A manufacturer has a monthly fixed cost of $57,500 and a production cost of $9 for each unit produced. The product sells for $14/unit. (a) What is the cost function? C(x) = (b) What is the revenue function? R(x) = (c) What is the profit function? P(x) = (d) Compute the profit (loss) corresponding to production levels of 9,000 and 14,000 units. P(9,000) = P(14,000) = | Need Help? Read It

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