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Set 3

Question 8

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8

Number 8

The cost function for a product is given by B(x)=360+40x+0.1x2B(x) = 360 + 40x + 0.1x^2 and the revenue function is given by P(x)=60xP(x) = 60x, where xx is the number of product units.

The break-even point will occur when the number of products is... Units.