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(d) What price will maximize the profit? (Round your answer to the nearest cent.) $812.0 X

(d) What price will maximize the profit? (Round your answer to the nearest cent.) $812.0 X

Algebra and Trigonometry (6th Edition)
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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D Suppose a company has fixed costs of $38,400 and variable cost per unit of x + 333 dollars, where x is the total number 5 of units produced. Suppose further that the selling price of its product is 1957 (a) Find the break-even points. (Enter your answers as a comma-separated list.) x = 1600.24 Amazing job! (b) Find the maximum revenue. (Round your answer to the nearest cent.) $ 1595770.42 X See the rounding prompt for how many decimal places are needed. (c) Form the profit function P(x) from the cost and revenue functions. P(x) = x² + 1624x - 38400 2 Find maximum profit. $ 620944 3 --x dollars per unit. 15 Outstanding! That's right! (d) What price will maximize the profit? (Round your answer to the nearest cent.) $812.0 e the s y resolu the resolu y orientation
Transcribed Image Text:D Suppose a company has fixed costs of $38,400 and variable cost per unit of x + 333 dollars, where x is the total number 5 of units produced. Suppose further that the selling price of its product is 1957 (a) Find the break-even points. (Enter your answers as a comma-separated list.) x = 1600.24 Amazing job! (b) Find the maximum revenue. (Round your answer to the nearest cent.) $ 1595770.42 X See the rounding prompt for how many decimal places are needed. (c) Form the profit function P(x) from the cost and revenue functions. P(x) = x² + 1624x - 38400 2 Find maximum profit. $ 620944 3 --x dollars per unit. 15 Outstanding! That's right! (d) What price will maximize the profit? (Round your answer to the nearest cent.) $812.0 e the s y resolu the resolu y orientation
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