AAA George Dance Shoes makes dancing shoes with leather soles. The shoes cost $17 to manufacturer. The fixed cost for the product line is $68000. The company has determined their demand function to be q=-150p + 45,000, where p is the price for each pair of shoes. Write the expense and revenue functions in terms of price.

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To write the expense and revenue functions in terms of price we can use the given c... View the full answer