Suppose a company has fixed costs of $42,000 and variable cost per unit of + 333 dollars, where x is the total number of units produced. Suppose further that the selling price of its product is 1861- (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 revenue functions. P(x) = Find maximum profit. $ (d) What price will maximize the profit? (Round your answer to the nearest cent.) $ 1436.6 dollars per unit

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter9: Polynomial And Rational Functions
Section9.4: Graphing Polynomial Functions
Problem 44PS: A company determines that its weekly profit from manufacturing and selling x units of a certain item...
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Suppose a company has fixed costs of $42,000 and variable cost per unit of x + 333 dollars, where x is the total number of units produced. Suppose further that the selling price of its product is 1861
(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 revenue functions.
P(x) =
Find maximum profit.
(d) What price will maximize the profit? (Round your answer to the nearest cent.)
$1436.6
5
x dollars per unit.
9
Transcribed Image Text:Suppose a company has fixed costs of $42,000 and variable cost per unit of x + 333 dollars, where x is the total number of units produced. Suppose further that the selling price of its product is 1861 (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 revenue functions. P(x) = Find maximum profit. (d) What price will maximize the profit? (Round your answer to the nearest cent.) $1436.6 5 x dollars per unit. 9
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