The demand of gloves is $$x(p)=20,000-2000p,$$ where p denotes price per pair. The total cost of $x$ pairs of gloves is $$c(x)=30,000+1.50x$$ dollars.
- Determine the revenue and cost functions in terms of price $p$.
- Determine the price range that will earn maximum profit.
- Determine the break even point.
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