Question:
Suppose a company has fixed costs of $44,800 and variable
Last updated: 7/13/2022
Suppose a company has fixed costs of $44,800 and variable cost per unit of 4/9 x + 444 dollars, where x is the total number of units produced. Suppose further that the selling price of its product is 1876 - 5/9x 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.)