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Your company has asked you to research the smartphone competitive market. Through research, you have modeled the industry data and found that the cost (in thousands of dollars) of producing a certain number of smartphones can be given by the following polynomial: Expenses = x2 + 800 where x = the number of smartphones in thousands. The revenue (also in thousands of dollars) generated in selling the same amount is given by the expression 100x. That is, Revenue = 100x Use the following knowledge to determine the profit by subtracting the expenses from the revenue: a.Give a polynomial ex
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