(a) Form the cost function and revenue function (in dollars).
C(x)=^(◻) imes ^(Good work! )
Find the break-even points. (Enter your answers as a comma-separated list.)
x=
(b) Find the vertex of the revenue function.
(x,y)=(,)
Identify the maximum revenue.
q
(c) Form the profit function from the cost and revenue functions (in dollars).
P(x)=-(2)/(3)x^(2)+(4643)/(3)x-34022
Find the vertex of the profit function.
(x,y)=(x)
Identify the maximum profit.
$
(d) What price will maximize the profit?
Need Help?Suppose a company has fixed costs of $33,800 and variable cost per unit of
1
3
x + 222 dollars,
where x is the total number of units produced. Suppose further that the selling price of its product is
1,548 −
2
3
x dollars per unit.
(a)
Form the cost function and revenue function (in dollars).
C(x)
=
Suppose a company has fixed costs of $33,800 and variable cost per unit of x + 222 dollars, where x is the total number of units produced. Suppose further that the selling price of its product is 1,548 -x dollars per unit
(a) Form the cost function and revenue function (in dollars).
C(x)=
+ 34022
R(x) s 1548x-
Good work!
Find the break-even points. (Enter your answers as a comma-separated list.) 2299,22 X
(b) Find the vertex of the revenue function. (xy= 1161,898614
Identify the maximum revenue. $898614 Good work.
(c) Form the profit function from the cost and revenue functions (in dollars). 4643 P(x) = x 34022
Find the vertex of the profit function. (x,y)= 1160,864205
Identify the maximum profit. $864205
(d) What price will maximize the profit? $.05 Jx
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