The graphs of a company’s total revenue function and total cost function are shown. For each problem, use the graph to answer the following questions.
(a) From the sale of 100 items, 400 items, and 700 items, rank from smallest to largest the amount of profit received. Explain your choices and note whether any of these scenarios results in a loss.
(b) From the sale of the 101st item, the 401st item, and the 701st item, rank from smallest to largest the amount of profit received. Explain your choices, and note whether any of these scenarios results in a loss.
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