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The fixed cost of new product is ₹ and the variable cost per unit is ₹ . If the demand function: …
The fixed cost of new product is ₹ $35000$ and the variable cost per unit is ₹ $500$. If the demand function: $p = 5000 - 100x$, find the break-even value(s)?
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From ISC 2018 Specimen Mathematics Paper 1, question 21(b).