Suppose a company has fixed costs of $54,400 and variable cost per unit of x + 333 dollars, where x is the total number of units produced. Suppose further that the selling price of its product is 1967 - x dollars per unit. (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.) $

Q: The price of 1 gallon of unleaded gasoline at the pump dropped to $2.19 on January 1, 2015, and…

A: As the price of  1 gallon of unleaded gasoline is decreasing  4 cents per month starting from…

Q: In this problem, p is in dollars and x is the number of units. Find the producer's surplus at market…

A: The producer's surplus for a supply function g(x) at equilibrium is as follows. PS=p1x1-∫0x1gxdx

Q: Disposable income, the amount left after taxes have been paid, is one measure of the health of the…

A: income per capita can be approximated by the equation  I=707.6 t +39,090 where t is  the number of…

Q: A company that manufactures small canoes has a fixed cost of $24,000. It costs $120 to produce each…

A: A company manufactures small canoes has a fixed cost of $24,000 and it costs $120 to produce each…

Q: The total revenue function for a product is given by R = 540x dollars, and the total cost function…

A: “Since you have posted a question with multiple sub parts, we will provide the solution only to the…

Q: The total revenue function for a product is given by R = 330x dollars, and the total cost function…

A: “Since you have posted a question with multiple sub parts, we will provide the solution only to the…

Q: 4. The profit function of Firm GG is n=-2q2+280q. What is the profit maximizing quantity?What is the…

A:

Q: I like to take in account how much I’m going to set aside for savings that month as well as…

A: If a person saves $400 per month and spends $1000 on bills per month then let 'x' be the number of…

Q: Emperor's Clothes Fashions can invest $7 million in a new plant for producing invisible makeup. The…

A: The objective of the question is to calculate the Net Present Value (NPV) of the project under…

Q: A manager wishes to predict the annual cost (y) of an automobile based on the number of miles (x)…

A: According to the given information, we have Given that a manager wishes to predict the annual cost…

Q: A peanut vendor has initial start up costs of $3500 and variable costs of $0.70 per bag of peanuts.…

A:

Q: For wages less than the maximum taxable wage base, Social Security contributions (including those…

A:

Q: Find the maximum revenue for the revenue function R(x) = 352x - 0.7x. (Round your answer to the…

A: Second derivative test : Suppose f is continuous and differentiable at x=a where f'a and f''a also…

Q: For a manufacturer's product, the demand function is p = 240 + 57q - q² At what level of output…

A: Let the demand function is p=240+57q-q2   To determine: The value of q at which the revenue function…

Q: The demand for wooden chairs can be modeled as D(p) = -0.01p+ 4.25 million chairs where p is the…

A: “Since you have posted a questions with multiple sub parts,we will provide the solution only to the…

Q: What would the revenue function be

A: As we see Demand function Dx=-0.095x+4.545

Q: A company is planning to manufacture mountain bikes. Fixed monthly cost will be $300,000 and it will…

A: Number of mountain bikes are x The variable cost of producing  each  mountain  bike is $ 200. So,…

Q: Machine A has a fixed daily cost of $60 and a variable cost of $1.00 per item produced. Machine B…

A: Given  Machine A fixed cost = Machine A variable cost = Machine B fixed cost = Machine B variable…