I. A firm sells a single product for $65 per unit. Variable cost per unit is $20 for materials and $27.50 for labor. Annual fixed cost is $100,000. Construct the profit function stated in terms of x, the number of units produced and sold. What profit is earned if annual sales are 20,000 units?
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Answer:
y j h
Step-by-step explanation:
cicucich n j hxyxuxstsydu
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