Solve the following Company B is selling a product with a non-linear price function. The price function is given by p = 200-0.1D2, where D is the number of units produced and sold. The variable cost per unit is $80, and the fixedcosts are $1,500.a.b.C.d.Find the quantity that maximizes the company's profit. How much is the profit?Find the quantity that maximizes the company's revenue. How much is the revenue?Find the breakeven points?Range of Profitable Demand

***Since the student has posted multiple subparts, so the expert is required to solve only the first…

Company B is selling a product with a non-linear price function. The price function is given by p = 200 - 0.1D2, where D is the number of units produced and sold. The variable cost per unit is $80, and the fixed costs are $1,500, a. b. C. Find the quantity that maximizes the company's profit. How much is the profit? Find the quantity that maximizes the company's revenue. How much is the revenue? Find the breakeven points?

Company B is selling a product with a non-linear price function. The price function is given by p = 200 - 0.1D2, where D is the number of units produced and sold. The variable cost per unit is $80, and the fixed costs are $1,500, a. b. C. Find the quantity that maximizes the company's profit. How much is the profit? Find the quantity that maximizes the company's revenue. How much is the revenue? Find the breakeven points?

Managerial Economics: A Problem Solving Approach

5th Edition

ISBN:9781337106665

Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Chapter22: Getting Divisions To Work In The Firm’s Best Interests

Section: Chapter Questions

Problem 22.3IP

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