Find the unit price and profit functions

Assignment Help Mathematics

Reference no: EM1316328

Question: A nationwide manufacture of calculators finds that its profits are $4 million when it sells 300,000 units. If the company’s fixed costs are $800,000 & unit variable costs are $20 per calculator, find

[A] The profit P(x) as a function of x, the number of calculators sold.

[B] Find unit price of each calculator.

[C] The breakeven point.

Reference no: EM1316328

Questions Cloud

What are the mean and standard deviation of the sample : ACT scores of high school seniors. The scores of high school seniors on the ACT college entrance examination in 2003 had mean JL = 20.80 and standard deviation (J = 4.80. The distribution of scores is only roughly Normal.

Calculate the salary at the end of 24th year from now : Calculate the salary at the end of 24th year from now from the facts and what will 80% of your last year's salary be

Purpose a time line presenting after-tax operating cash flow : Effect of capital structure on companies value per share - purpose a time line presenting the after-tax operating cash flows

Make table of total product and average product : Suppose you are provided with the following production relationships, where the input is fertilizer (pounds per acre) and the output is rice (cwt per acre). Using graph paper, please graph AVP, MVP, and MFC

Find the unit price and profit functions : Find the unit price and profit functions.

Trend analysis of failure probability : Perform the trend analysis of Pf with incrementally increasing number of the simulation cycles, and calculate the statistical uncertainty in the estimate expressed as the coefficient of variation.

Find the probability for the sample proportion : The ideal number of children. "What do you think is the ideal number of children for a family to have?" A Gallup Poll asked this question of 1016 arbitrarily chosen adults. Almost half (49%) thought two children was idea suppose that p = 0.49 is e..

Evaluation of various capital structure mix : Evaluation of various capital structure mix - evaluate total value of equity, and shareholders care about value per share

Urrent policy having an effect on smog in the results : As we can say there is 5.5 percent chance of seeing the current policy having an effect on smog in the results we observed from natural sampling variation.

User Account

All Pages