Q1. A company produces circuit boards used to update old-fashioned computer equipment. The taxes cost the company $20,000 per month, and the executive salaries cost $30,000 per month. The Materials used in the production cost $60 per circuit board. The selling price per unit is p = $150-0.02D. Maximum output of the plant is 4,000 units per month. a. What is the profit per month? b. Determine optimum demand for this product. c. What is the maximum profit per month?
Q1. A company produces circuit boards used to update old-fashioned computer equipment. The taxes cost the company $20,000 per month, and the executive salaries cost $30,000 per month. The Materials used in the production cost $60 per circuit board. The selling price per unit is p = $150-0.02D. Maximum output of the plant is 4,000 units per month. a. What is the profit per month? b. Determine optimum demand for this product. c. What is the maximum profit per month?
Chapter1: Making Economics Decisions
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Q1. A company produces circuit boards used to update old-fashioned computer equipment. The taxes cost the
company $20,000 per month, and the executive salaries cost $30,000 per month. The Materials used in the
production cost $60 per circuit board. The selling price per unit isp $150 -0.02D. Maximum output of the plant
is 4,000 units per month.
a. What is the profit per month?
b. Determine optimum demand for this product.
c. What is the maximum profit per month?
d. At what volumes do breakeven occur?
e. What is the company's range of profitable demand?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F674533cb-2588-4d39-bcff-884607e2c81f%2F8935fc96-416b-4a6b-a5b8-e82506f3469f%2Fft7rka_processed.jpeg&w=3840&q=75)
Transcribed Image Text:In Protected View.
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e isn't genuine, and you may be a victim of software counterfeiting. Avoid interruption and keep your files safe with genuine Office today.
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Q1. A company produces circuit boards used to update old-fashioned computer equipment. The taxes cost the
company $20,000 per month, and the executive salaries cost $30,000 per month. The Materials used in the
production cost $60 per circuit board. The selling price per unit isp $150 -0.02D. Maximum output of the plant
is 4,000 units per month.
a. What is the profit per month?
b. Determine optimum demand for this product.
c. What is the maximum profit per month?
d. At what volumes do breakeven occur?
e. What is the company's range of profitable demand?
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