Question
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 P(x) from the cost and revenue functions. P(x) = Find the maximum profit. $ Incorrect: Your answer is incorrect.
(d) What price will maximize the profit? (Round your answer to the nearest cent.) $
Homework Answers
Answer #1
Not the answer you're looking for?
Similar Questions
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 $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 $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 $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
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.
7.Cherokee Company sells a single product that has variable costs of $10 per unit. Fixed costs...
7.Cherokee Company sells a single product that has variable
costs of $10 per unit. Fixed costs will be $700,000 across all
levels of sales shown.
Units
Sold
Price per Unit
80,000
$35
90,000
$33
100,000
$31
110,000
$30
120,000
$28
What price would Cherokee charge to maximize profit? Post full
calculation
A company faces fixed costs of $100,000 and variable costs of $8 per unit. It plans...
A company faces fixed costs of $100,000 and variable
costs of $8 per unit. It plans to directly sell its product in the
market for $12. How many units must it produce and sell to break
even? Show your math.
ADVERTISEMENT
Need Online Homework Help?
Get Answers For Free
Most questions answered within 1 hours.
ADVERTISEMENT
Active Questions
asked 7 minutes ago
asked 19 minutes ago
asked 19 minutes ago
asked 21 minutes ago
asked 22 minutes ago
asked 25 minutes ago
asked 28 minutes ago
asked 1 hour ago
asked 1 hour ago
asked 1 hour ago
asked 2 hours ago
asked 2 hours ago