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Suppose a company has fixed costs of $33,600 and variable cost per unit of x + 222 dollars, where x is the total number of units produced. Suppose further that the selling price of its product is x dollars per unit. (a) Find the break-even points. (Enter your answers as a comma-separated list.) 1450 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.) $

Suppose a company has fixed costs of $33,600 and variable cost per unit of x + 222 dollars, where x is the total number of units produced. Suppose further that the selling price of its product is x dollars per unit. (a) Find the break-even points. (Enter your answers as a comma-separated list.) 1450 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.) $

Algebra for College Students
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter8: Functions
Section8.CR: Review Problem Set
Problem 50CR
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Suppose a company has fixed costs of $33,600 and variable cost per unit of 1450 -x dollars per unit. √x+ 222 dollars, where x is the total number of units produced. Suppose further that the selling price of its product is (a) Find the break-even points. (Enter your answers as a comma-separated list.) (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.) $ P Eep with
Transcribed Image Text:Suppose a company has fixed costs of $33,600 and variable cost per unit of 1450 -x dollars per unit. √x+ 222 dollars, where x is the total number of units produced. Suppose further that the selling price of its product is (a) Find the break-even points. (Enter your answers as a comma-separated list.) (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.) $ P Eep with
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