Answer:
Cost function = C(��) = 175 �� +150 ii. Revenue Function = R(��) = 500 �� iii. Profit function = Revenue function – Cost function = R(��) - C(��) = (500 ��) – (175 �� +150 ) = 500 �� – 175 - 150 = 325 �� -150 4. A company produces and sells a product and fixed costs of the company are Rs
Step-by-step explanation: