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test information description instructions time limit: the test has a ti…

Question

test information
description
instructions
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question 10
let ( p(x) ) be the profit earned when ( x ) units are sold. let ( r(x) ) and ( c(x) ) be the corresponding revenue and total - cost functions, respectively. then ( r(x)=p(x)-c(x) ).
true
false
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Explanation:

Brief Explanations

Profit ($P(x)$) is calculated as revenue ($R(x)$) minus total cost ($C(x)$), i.e., $P(x)=R(x) - C(x)$. So the given equation $R(x)=P(x)-C(x)$ is incorrect.

Answer:

False