Question:
Suppose a company has fixed costs of 35 200 and variable
Last updated: 2/9/2023
Suppose a company has fixed costs of 35 200 and variable cost per unit of 4 9 x 222 dollars where x is the total number of units produced Suppose further that the selling price of its product is 1354 59 x 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