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Business and Economics: For a business to make a profit it is clear that revenue R must be greater than cost C; in short, a profit will result only if R>C. if a company manufactures records and its cost equation for a week is C = 300 + 1.5x and its revenue equation is R = 2x, where x is the number of records sold in a week,

How many records must be sold for the company to realize a profit?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M9103521

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