A trailer manufactor has multiple products designed to be towed by a pickup (Ford F-150, Toyota Tacoma etc). The production of one of their products - the XL7 5x10 trailer - referred to as XL7510 here, has a fixed 9 cost of $62,308 and a variable cost per unit of XL7510 equal to 202 + - dollars, where is the total 10 number of XL7510s produced. Suppose further that the selling price of this product is 1118 - dollars per unit of XL7510. 1 10 The x-values of the break-even points are The maximum revenue is Form the profit function: P(x) The maximum profit is The price that will maximize profit is dollars (round to the nearest cent) dollars (round to the nearest cent)

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production function is Q = An orange grower has discovered a process for producing oranges that requires two inputs. The min{2x1, x2}, where x₁ and x2 are the amounts of inputs 1 and 2 that he uses. The prices of these two inputs are w₁ = 5 and w₂ = = 2, respectively. The minimum cost of producing 140 units is (a) $980 (b) $630 (c) $1400 (d) $280 (e) $700

Craigsburg enterprises has a fixed cost of 10,000. It’s variable costs are shown in the table below. These costs remain unchanged as market prices change over the next few years:

600 550 500 450 400 360 350 300 270 250 200 150 100 50 0 ATC> MC a 6 10 19. What is the Average Total Cost at Q=6? a) 7.50 b) 12 c) 20 d) 25 e) 45 f) 100 g) 120 h) 160 b 20 O ATC=MC 30 TC ATC< MC 37 40

The total cost a power plant ($/megawatts) to produce electricity is Y=12+1.3X+0.24 X2 , where X is in megawatts. The estimated selling price of electricity is (16-0.23X) per megawatts. Find the value of X that maximizes profit. Group of answer choices Less than 10 megawatts Between 10-12 megawatts Between 12-14 megawatts More than 14 megawatts Dont

The cost of producing 5-gallon water bottles is given by  C(q) = 0.005q2 + 2q + 1000. If 2000 5-gallon water bottles are produced, fint the average cost

Make a Cost-Driven Design Optimization similar to thie

Why Can't We Be Friends? operates a conflict settlement service for distressed couples. If it has no fixed costs and its monthly average variable cost of cases is given by AVC = 250 - 500, the marginal cost at a caseload of 50 attempted reconciliations per month is:

AM Instrument Company manufactures miniature calculators, which it sells to a limited number of exclusive dealers.  AM’s normal production rate is 260 units per week at a total cost of $3,200.  At full capacity it can produce 340 units per week at a total cost of $3,800. What is the average cost per calculator under normal operating conditions? What is the average variable cost per calculator? What is the total fixed cost? What is the average fixed cost per calculator under normal operating conditions? A foreign distributor offers to buy 50 calculators per week from AM over a one month period, to be marketed under a different brand name.  The distributor offers a price of $10 per calculator.  Should AM accept the offer?  What is the least price AM should accept for this kind of arrangement?