To produce x units of t-shirts costs C(x) = 7.50x + 1200. The revenue is R(x) = 16x. a) Find the break-even point b) How many t-shirts needs to be produced and sold in order to make a profit of $500?

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A: Marginal profit is the additional profit earned when an additional unit of output is produced.

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A: Given that : Number of textbooks = 90 Price of a book = $ 70 Average total cost = $ 50

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A:

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A: * SOLUTION :-

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A: Answer to the question is as follows:

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A: The information given to us:- Implicit cost of firm = $200 million Explicit cost of firm = $260…

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A: Hi! Thank you for the question but as per the guidelines, we only answer first three sub-parts of…

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Q: can you  answer part iv and v?

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A: To resolve this inquiry, it's vital to initially understand what marginal cost (MC) and average…

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A: Hi, thanks for the question. Since there is multiple subparts, I will answer for the first question.…

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A: Answer to the question is as follows:

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