Suppose a company has fixed costs of $47,600 and variable cost per unit of 4/9x +...
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Suppose a company has fixed costs of $47,600 and variable costper unit of 4/9x + 333 dollars,
where x is the total number of units produced. Supposefurther that the selling price of its product is
1767 ?5/9x dollars per unit.
(a) Find the break-even points. (Enter your answers as acomma-separated list.)
x =
(b) Find the maximum revenue. (Round your answer to the nearestcent.)
$
(c) Form the profit function P(x) from the costand revenue functions.
P(x) =
Find maximum profit.
$
(d) What price will maximize the profit? (Round your answer to thenearest cent.)
$
Suppose a company has fixed costs of $47,600 and variable costper unit of 4/9x + 333 dollars,
where x is the total number of units produced. Supposefurther that the selling price of its product is
1767 ?5/9x dollars per unit.
(a) Find the break-even points. (Enter your answers as acomma-separated list.)
x =
(b) Find the maximum revenue. (Round your answer to the nearestcent.)
$
(c) Form the profit function P(x) from the costand revenue functions.
P(x) =
Find maximum profit.
$
(d) What price will maximize the profit? (Round your answer to thenearest cent.)
$
Answer & Explanation Solved by verified expert
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