A company sells x tins of chocolate powder each day at Rs 15 a tin. The cost of manufacturing and selling these tins is Rs 10 per tin plus a fixed daily overhead cost of Rs 1000. Determine a) Cost function .b) Revenue function. c)profit function. What are the total cost, Total revenue and total profit when 500 tins are manufactured and sold a day? What is AC when 10 units are produced?
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