5 (a) Find the break-even points. (Enter your answers as a comma-separated x = X (b) Find the maximum revenue. (Round your answer to the nearest cent.)

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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Suppose a company has fixed costs of $31,200 and variable cost per unit of
3²x
+222 dollars, where x is the total number of units produced. Suppose further that the selling price of its product is 1546
(a) Find the break-even points. (Enter your answers as a comma-separated list.)
X =
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.)
$
--3-³x dollars per unit.
Transcribed Image Text:Suppose a company has fixed costs of $31,200 and variable cost per unit of 3²x +222 dollars, where x is the total number of units produced. Suppose further that the selling price of its product is 1546 (a) Find the break-even points. (Enter your answers as a comma-separated list.) X = 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.) $ --3-³x dollars per unit.
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