Mathematics, 13.10.2020 18:01 tylerkitchen44
Suppose a company has fixed costs of $44,200 and variable cost per unit of 1/3x + 222 dollars, where x is the total number of units produced. Suppose further that the selling price of its product is
1948 − 2/3x dollars per unit.
(a) Find the break-even points. (Enter your answers as a comma-separated list.)
x =
(b) Find the maximum revenue. (Round your answer to the nearest cent.)
$
(c) Form the profit function P(x) from the cost and revenue functions.
P(x) =
Find maximum profit.
$
(d) What price will maximize the profit? (Round your answer to the nearest cent.)
$
Answers: 1
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Suppose a company has fixed costs of $44,200 and variable cost per unit of 1/3x + 222 dollars, where...
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