15Suppose a company has fixed costs of $2700 and variable costs per unit ofx + 1580 dollars, where x is the total number of units produced. Suppose further that the selling price of its16product is 1700116(a) Find the break-even points. (Enter your answers as a comma-separated list.)-x dollars per unit. (b) Find the maximum revenue.$(c) Form the profit function P(x) from the cost and revenue functions.P(x) =Find the maximum profit.$(d) What price will maximize the profit? (Round your answer to the nearest cent.)$

**As per our guidelines, we are supposed to answer only one question with a maximum of three…

Answered: 15 Suppose a company has fixed costs of…

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

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34. Due to the rising demand for face masks, a manufacturer decides to target a daily profit of PhP 1,000,000.00. If P(x) = 2r+ x- 10 represents average total daily cost at x assumed at PhP 500.00, what is the difference between the daily target profit and average total daily cost? B. PhP 420, 510.00 C. PhP 499,510.00 A. PhP 399, 520.00 105.00 D. PhP 599,
6. (a) A man has $4.55 in change composed entirely of dimes and quarters. What are the maximum and minimum number of coins that he can have? Is it possible for the number of dimes to equal the number of quarters? (b) The neighborhood theater charges $1.80 for adult admissions and $.75 for children. On a particular evening the total receipts were $90. Assuming that more adults than children were present, how many people attended? (c) A certain number of sixes and nines is added to give a sum of 126; if the number of sixes and nines is interchanged, the new sum is 114. How many of each were there originally?
Let’s assume that in Kansas, a family farmer sells wheat in a perfectly competitive market. After increasing the production of wheat from 220 bushels to 240 bushels, the total revenue of the farmer increases from $6,600 to $6,700. What was the marginal revenue of this increase in production in dollar?
SOLVE STEP BY STEP IN DIGITAL FORMAT + * ☆ * 8.- The utility function of the Acrosonic Company is given by: P(x) = -0.02x² + 300x200 000 dollars, where x is the number of Acrosonic model F loudspeakers manufactured. Determine where the function P is increasing and where it is decreasing.
The demsnd function for a certain commodity is given by p=-1.5x^2-6x+110, where p is the quantity demanded each month. a) if the unit price is set at $20 show that x=6 by solving for x, the number of units sold, but not by plugging x=6. b) find the consumers' surplus if the selling price is set at $20. Use x=6
3.) The revenue equation (in billions of dollars) for corn production in the United States is approximated by R(x)=0.016x² +1.034x+11.338 Where x is in billions of bushels. For example if you have 10 billion bushels, then x = 10. (Data from www.usda.gov) a.) Find the marginal revenue function b.) Find and interpret the marginal revenue for 15 billion bushels c.) Find and interpret the marginal revenue for 20 billion bushels
17 The demand D for a product at price x is given by D = + 20. Find (4 + 20) and state the result. dr

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