15 Suppose a company has fixed costs of $2700 and variable costs per unit of <+1580 dollars, where x is the total number of units produced. Suppose further that the selling price of its 16 product is 1700 - 16x -x dollars per unit. (a) Find the break-even points. (Enter your answers as a comma-separated list.)

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter4: Polynomial And Rational Functions
Section4.1: Quadratic Functions
Problem 6SC: A company that makes and sells baseball caps has found that the total monthly cost C in dollars of...
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Question
15
Suppose a company has fixed costs of $2700 and variable costs per unit ofx + 1580 dollars, where x is the total number of units produced. Suppose further that the selling price of its
16
product is 1700
1
16
(a) Find the break-even points. (Enter your answers as a comma-separated list.)
-x dollars per unit.
Transcribed Image Text:15 Suppose a company has fixed costs of $2700 and variable costs per unit ofx + 1580 dollars, where x is the total number of units produced. Suppose further that the selling price of its 16 product is 1700 1 16 (a) Find the break-even points. (Enter your answers as a comma-separated list.) -x dollars per unit.
(b) Find the maximum revenue.
$
(c) Form the profit function P(x) from the cost and revenue functions.
P(x) =
Find the maximum profit.
$
(d) What price will maximize the profit? (Round your answer to the nearest cent.)
$
Transcribed Image Text:(b) Find the maximum revenue. $ (c) Form the profit function P(x) from the cost and revenue functions. P(x) = Find the maximum profit. $ (d) What price will maximize the profit? (Round your answer to the nearest cent.) $
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