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A manufacturer of headphones is preparing to set the price on a new design. Demand is thought to depend on the price and is rWhich is the correct model for the total cost TC in terms of the price, P TC = 17500 + 15P TC = 2500 - 3P TC = 5000 + 5D TC =

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Criven, Demand CD) - 2500 -BP where p: selling price Total cost (c) = 5000 + 5D Now, 1 ) Total Revenue = Selling Price Demand

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