Question

Suppose that a company has a fixed cost of $150 per day and a variable cost...

Suppose that a company has a fixed cost of $150 per day and a variable cost of x^2 + x . Further suppose that the revenue function is R(x) = xp and the price per unit is given by p = 57 – x. Sketch the cost and revenue functions and locate the regions of profit and loss. You should find the break even points before you create your graph.

Homework Answers

Answer #1

any doubts please ask !! thank you :)))

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Suppose a company has fixed costs of $53,200 and variable cost per unit of 2 5...
Suppose a company has fixed costs of $53,200 and variable cost per unit of 2 5 x + 444 dollars, where x is the total number of units produced. Suppose further that the selling price of its product is 2372 − 3 5 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)...
Suppose a company has fixed costs of $48,000 and variable cost per unit of 2/5x +...
Suppose a company has fixed costs of $48,000 and variable cost per unit of 2/5x + 444 dollars, where x is the total number of units produced. Suppose further that the selling price of its product is 2468 −3/5x 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...
Suppose a company has fixed costs of $47,600 and variable cost per unit of 4/9x+ 333...
Suppose a company has fixed costs of $47,600 and variable cost per unit of 4/9x+ 333 dollars, where x is the total number of units produced. Suppose further that the selling price of its product is 1767 −5/9x 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...
Suppose a company has fixed costs of $2400 and variable costs per unit of 15 16...
Suppose a company has fixed costs of $2400 and variable costs per unit of 15 16 x + 1700 dollars, where x is the total number of units produced. Suppose further that the selling price of its product is 1800 − 1 16 x dollars per unit. (a) Find the break-even points. (Enter your answers as a comma-separated list.) (b) Find the maximum revenue. (c) Form the profit function P(x) from the cost and revenue functions. Find the maximum profit....
Suppose a company has fixed costs of $2400 and variable costs per unit of 15/16 x...
Suppose a company has fixed costs of $2400 and variable costs per unit of 15/16 x + 1700 dollars, where x is the total number of units produced. Suppose further that the selling price of its product is 1800 − 1/16 x dollars per unit. (a) Find the break-even points. (Enter your answers as a comma-separated list.) (b) Find the maximum revenue. (c) Form the profit function P(x) from the cost and revenue functions. Find the maximum profit. (d) What...
Suppose a company has fixed costs of $700 and variable costs per unit of 7 8...
Suppose a company has fixed costs of $700 and variable costs per unit of 7 8 x + 1120 dollars, where x is the total number of units produced. Suppose further that the selling price of its product is 1200 − 1 8 x dollars per unit. (a) Find the break-even points. (Enter your answers as a comma-separated list.) x = 10, 70 (b) Find the maximum revenue. $ (c) Form the profit function P(x) from the cost and revenue...
Suppose a company has fixed costs of $2100 and variable costs per unit of 7 8...
Suppose a company has fixed costs of $2100 and variable costs per unit of 7 8 x + 1200 dollars, where x is the total number of units produced. Suppose further that the selling price of its product is 1300 − 1 8 x dollars per unit. (a) Find the break-even points. (Enter your answers as a comma-separated list.) (x = 30, 70) .....( part a I got correct) (b) Find the maximum revenue. $ (c) Form the profit function...
Suppose a company has fixed costs of $44,800 and variable cost per unit of 1 3...
Suppose a company has fixed costs of $44,800 and variable cost per unit of 1 3 x + 222 dollars, where x is the total number of units produced. Suppose further that the selling price of its product is 1654 − 2 3 x dollars per unit. Find break even Fine max revenue
If company A manufactures t-shirts and sells them to retailers for US$9.80 each. It has fixed...
If company A manufactures t-shirts and sells them to retailers for US$9.80 each. It has fixed costs of $2625 related to the production of the t-shirts, and the production cost per unit is US$2.30. Company B also manufactures t-shirts and selll them directly to consumers. The demand for its product is p = 15 − x 125 , its production cost per unit is US$5.00 and its fixed cost are the same as for company A . (i) Derive the...
A firm producing lawn chairs has fixed cost of $700.00 per week. The variable cost is...
A firm producing lawn chairs has fixed cost of $700.00 per week. The variable cost is $8.00 per chair, and the revenue per chair is $18.00. A. Write the equation that represent the cost per week, C, for producing x lawn chairs B. Write the equation that represents the revenue per week, R, from selling x lawn chairs. C. What is the cost of produxing 100 lawn chairs in a week (show work) D. What is the revenue from selling...