A trailer manufactor has multiple products designed to be towed by a pickup (Ford F-150, Toyota Tacoma, etc). The production of one of their products - the XL7 5x10 trailer - referred to as XL7510 here, has a fixed 7 cost of $56,048 and a variable cost per unit of XL7510 equal to 214 + - dollars, where is the total number of XL7510s produced. 10 Suppose further that the selling price of this product is 1180 The -values of the break-even points are The maximum revenue is Form the profit function: P(x) = The maximum profit is The price that will maximize profit is 3 10 - dollars per unit of XL7510. dollars (round to the nearest cent) dollars (round to the nearest cent)

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
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A trailer manufactor has multiple products designed to be towed by a pickup (Ford F-150, Toyota Tacoma,
etc).
The production of one of their products - the XL7 5x10 trailer - referred to as XL7510 here, has a fixed
7
cost of $56,048 and a variable cost per unit of XL7510 equal to 214 + - dollars, where is the total
number of XL7510s produced.
10
Suppose further that the selling price of this product is 1180
The -values of the break-even points are
The maximum revenue is
Form the profit function: P(x) =
The maximum profit is
The price that will maximize profit is
3
10
- dollars per unit of XL7510.
dollars (round to the nearest cent)
dollars (round to the nearest cent)
Transcribed Image Text:A trailer manufactor has multiple products designed to be towed by a pickup (Ford F-150, Toyota Tacoma, etc). The production of one of their products - the XL7 5x10 trailer - referred to as XL7510 here, has a fixed 7 cost of $56,048 and a variable cost per unit of XL7510 equal to 214 + - dollars, where is the total number of XL7510s produced. 10 Suppose further that the selling price of this product is 1180 The -values of the break-even points are The maximum revenue is Form the profit function: P(x) = The maximum profit is The price that will maximize profit is 3 10 - dollars per unit of XL7510. dollars (round to the nearest cent) dollars (round to the nearest cent)
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