In early spring, you buy 6 potted tomato plants for your container garden. The plants contained in 8 inch pots sell for $5 and t
1 answer:
You might be interested in
Answer:
Step-by-step explanation:
Given that a company fixed costs are 400 dollars
and variable cost = per unit and x the no of units produced
Selling price = per unit
a) Break even units
At break even units selling price = variable cost
Break even units = 76
b) Revenue = Sales - total costs
=
Use derivative test to get max revenue
R'(x) =
R"(X) <0
So maximum when I derivative =0 or when
x=38
c) price when x =38 is