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Solve the problem.
-A company is planning to manufacture a new blender. After conducting extensive market surveys, the research department estimates a weekly demand of 600 blenders at a price of $50 per blender and a weekly demand of
800 blenders at a price of $40 per blender. Assuming the demand equation is linear, use the research
Department's estimates to find the revenue equation in terms of the demand x.
Conduct
The manner in which an organization or individual behaves in a professional or personal setting.
Profits
The financial gain realized when the revenues generated from business activities exceed the expenses, costs, and taxes associated with sustaining the operation.
Market Share
The portion of a market controlled by a particular company or product, typically expressed as a percentage of total sales in that market.
Employee Welfare
The range of services and benefits provided by an employer to promote the well-being of employees.
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