Mathematics, 01.11.2019 02:31 unruhlsY25
Suppose that each day a company has fixed costs of 400 dollars and variable costs of 0.8x+1420 dollars per unit, where x is the number of units produced that day. suppose further that the selling price of its product is 1500−0.25x dollars per unit.
a) each day, the company breaks even at production levels (blank) units
b) the maximum daily revenue attained is (blank) dollars
c) the price that maximizes profit is (blank) dollars per unit
Answers: 2
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Suppose that each day a company has fixed costs of 400 dollars and variable costs of 0.8x+1420 dolla...
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