0 100 200 300 400 500 600 R(q) 0 540 1080 1620 2160 2700 3240 C(g) 695 850 1000 1090 1325 1860 2590 1. The fixed costs are dollars 2. The price charged per unit is dollars 3. At approximately what level of production q, is the profit maximized? Round your answer to the nearest 100. Answer: units

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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0 100 200 300 400 500 600
R(q) 0 540 1080 1620 2160 2700 3240
C(g) 695 850 1000 1090 1325 1860 2590
1. The fixed costs are
dollars
2. The price charged per unit is
dollars
3. At approximately what level of production q, is the profit maximized? Round your answer to the nearest 100.
Answer:
units
Transcribed Image Text:0 100 200 300 400 500 600 R(q) 0 540 1080 1620 2160 2700 3240 C(g) 695 850 1000 1090 1325 1860 2590 1. The fixed costs are dollars 2. The price charged per unit is dollars 3. At approximately what level of production q, is the profit maximized? Round your answer to the nearest 100. Answer: units
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