The revenue (in millions of dollars) from the sale of x units at a home supply...

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The revenue (in millions of dollars) from the sale of x units at a home supply outlet is given by R(x)=0.27x. The profit (in millions of dollars) from the sale of x units is given by P(x)=0.089x - 1.1. (a) Find the cost equation. (b) What is the cost of producing 8 units? (c) What is the break-even point? (a) C(x) = (Use integers or decimals for any numbers in the equation.) The revenue (in millions of dollars) from the sale of x units at a home supply outlet is given by R(x)=0.27x. The profit (in millions of dollars) from the sale of x units is given by P(x)=0.089x - 1.1. (a) Find the cost equation. (b) What is the cost of producing 8 units? (c) What is the break-even point? (a) C(x) = (Use integers or decimals for any numbers in the equation.)

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a By deducting the profit equation from the revenue equation one ca... View the full answer