The manager of a small firm is considering whether to


Question: 1. The manager of a small firm is considering whether to produce a new product that would require leasing some special equipment at a cost of $20,000 per month. In addition to this leasing cost, a production cost of $10 would be incurred for each unit of the product produced. Each unit sold would generate $20 in revenue.

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Mathematics: The manager of a small firm is considering whether to
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