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Write a cost function for the problem. Assume that the relationship is linear.
-A toilet manufacturer has decided to come out with a new and improved toilet. The fixed cost for the production of this new toilet line is $16,600 and the variable costs are $70 per toilet. The Company expects to sell the toilets for $155. Formulate a function C(x) for the total cost of Producing x new toilets and a function R(x) for the total revenue generated from the sales of x
Toilets.
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