Suppose a company has fixed costs of $53,200 and variable cost per unit ofx + 222 dollars, where x is the total number of units3.produced. Suppose further that th selling price of its product is 2150X-x dollars per unit.(a) Find the break-even points. (Enter your answers as a comma-separated list.)ed m(b) Find the maximum revenue. (Round your answer to the nearest cent.)$(c) Form the profit function P(x) from the cost and revenue functions.P(x) =%3DFind maximum profit.(d) What price will maximize the profit? (Round your answer to the nearest cent.)%24%24

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Description: Suppose a company has fixed costs of $53,200 and variable cost per unit ofx + 222 dollars, where x is the total number of units3.produced. Suppose further that th selling price of its product is 2150X-x dollars per unit.(a) Find the break-even point

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Suppose a company has fixed costs of $53,200 and variable cost per unit of + 222 dollars, where x is the total number of units produced. Suppose further that the selling price of its product is 2150 -x dollars per unit. (a) Find the break-even points. (Enter your answers aş a comma-separated list.) X = (b) Find the maximum revenue. (Round your answer to the nearest cent.) 24 (c) Form the profit function P(x) from the cost and revenue functions. P(x) = Find maximum profit. $4

Suppose a company has fixed costs of $53,200 and variable cost per unit of + 222 dollars, where x is the total number of units produced. Suppose further that the selling price of its product is 2150 -x dollars per unit. (a) Find the break-even points. (Enter your answers aş a comma-separated list.) X = (b) Find the maximum revenue. (Round your answer to the nearest cent.) 24 (c) Form the profit function P(x) from the cost and revenue functions. P(x) = Find maximum profit. $4

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Topic Video

Question

Suppose a company has fixed costs of $53,200 and variable cost per unit of
x + 222 dollars, where x is the total number of units
3.
produced. Suppose further that th selling price of its product is 2150
X-
x dollars per unit.
(a) Find the break-even points. (Enter your answers as a comma-separated list.)
ed m
(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) =
%3D
Find maximum profit.
(d) What price will maximize the profit? (Round your answer to the nearest cent.)
%24
%24

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